Grifols reportedly looking to appoint independent directors [Seeking Alpha]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
Company Research
Source: Seeking Alpha
Grifols CEO Nacho Abia and Chairman Thomas Glanzmann told Spanish newspaper La Vanguardia that appointing independent directors will help improve the company's governance. Abia also said the company needed to “increase the clarity of our explanations to the market,” according to a Reuters report. The Spanish drugmaker has been under pressure since short-seller Gotham Research released a report in January accusing the company of accounting irregularities, particularly those related to its debt. Abia said in the interview that the "complexity" of its financial explanations to the market “is what allowed the Gotham report to raise these concerns,” Reuters added. In March, Spanish regulators reportedly found no errors in the company's reporting of its debt. Recommended For You More Trending News Recommended For You More Trending News About GRFS Stock Related Stocks Trending Analysis Trending News
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News
- Grifols 2023 Annual Report on Form 20-F filed with the SEC [Yahoo! Finance]Yahoo! Finance
- Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper [Yahoo! Finance]Yahoo! Finance
- Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper [Reuters]Reuters
- Grifols Plans First Bond Sale Since Short Seller Attack [Yahoo! Finance]Yahoo! Finance
- Grifols to refinance debt due in 2025 via sales of notes, Shanghai RAAS stake [Reuters]Reuters