Mark Murtola and Emilio Gayo invest €1 million in Telefonica shares

Specifically, Murtra has fully acquired: 136,241 titles in two movementsOne of them was on November 11th, when he bought 54,274 shares at a price of 3.69 euros. The other transaction took place on the 12th of the same month, involving the transfer of 81,967 shares at a price of EUR 3.66.

The President of Telefonica thus purchased a total of 136,241 shares of the telecommunications company’s stock. 500,270 eurosaccording to CNMV records.

Meanwhile, Gayo acquired a stock package of 135,502 shares on November 11 at a price of 3.69 euros. 500,002 euros.

The moves by both coaches represent the acquisition of a package. 271,743 shares The total amount is approximately 1 million euros.

This was in addition to the acquisition of shares carried out by Telefonica’s directors. Anna Martinez Baraña On November 6th, a total of 1,000 titles were acquired at a unit price of 3.64 euros. This corresponds to an investment of 3,640 euros.

All of these businesses follow the company’s strategic plan presentation, which was announced on November 4 and included: sharp decline in the stock market The company plans to halve its dividend in 2026 (up to 0.15 euros per share) and implement an efficiency plan. This measure would mean cost savings of around 3 billion euros by 2030.

This last diagram contains potential employment regulation files. (ERE) For approximately 6,000 people – According to current speculation – unions will be notified next Monday.

However, credit rating agency Fitch Ratings pointed out this Wednesday that the decision adopted by the company will have the following impact: Improve your financial flexibility and ability to reduce debtamounted to 28.233 billion euros at the end of September.

“Telefonica’s planned dividend reduction and focus on resource optimization will improve the company’s organic deleveraging ability and rating margins. Continued deleveraging with sufficient improvements in cost structure and operating profile is likely to pay off. Medium- to long-term upward pressure on ratings» said Fitch analysts.