Morningstar

Naturgy to Sell 34.1 Million Shares

Provided by Dow Jones Oct 6, 2025, 4:28:00 PM

By Nina Kienle

Naturgy said it would sell around 3.5% of the company's share capital through an accelerated bookbuild offering.

The Spanish natural-gas utility said Monday that the purchase price for the 34.1 million shares will be announced on completion of the offering.

The sale is valued at up to 920.7 million euros ($1.08 billion), based on the current share price of 27 euros.

The offering will be directed exclusively at qualified investors, with Naturgy expecting to hold treasury shares representing around 1% of group share capital following the completion of the process, it said.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

October 06, 2025 12:28 ET (16:28 GMT)

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