RWE Would Ease Strained Cash Position if It Sold Amprion Stake -- Market Talk

Dow Jones
2024/12/06

0854 GMT - If RWE sold its 25.1% stake in Amprion for 2 billion euros it would ease its strained balance sheet, Baader Helvea analyst Pierre-Alexandre Ramondenc writes in a note. The stake is currently more valuable as an asset than as a source of liquidity to fund the German energy company's ambitious investment plans, he says. It provides only limited cash returns through dividends, he says. RWE recently announced a 1.5-billion euros share buyback program following pressure from activist investors, and postponed 2 billion euros of planned capex from 2025-26. This stretches its cash position while delays projects that could contribute to earnings, Ramondenc says. Shares are up 0.2% at 30.80 euros. (christian.moess@wsj.com)

 

(END) Dow Jones Newswires

December 06, 2024 03:56 ET (08:56 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10