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Stock market, Mps at a month's low after maxi-increase announcement

After the announcement of a larger than expected capital increase (2,5 billion), the share that yesterday lost 2,8% today loses another 1,71% – The market is thinking about the imminent stock restructuring – Unknown on entry of new members, nationalization or public company model – The solution for foreign groups is also possible.

Stock market, Mps at a month's low after maxi-increase announcement

Mps slips on the maxi capital increase from 2,5 billion euros and ends up at its lowest level for a month now. The stock, which yesterday lost 2,8% after the announcement of a larger than expected recapitalization, lost another 1,71% today at the end of the morning, to 0,2065 euro. Mps shares also touched 0,2036 euro, a value never reached since last August 8th. 

On the eve of the institute's board of directors which will start discussions on the restructuring plan to be approved on 24 September next, the market is thinking about the shareholding reorganization which will necessarily result from the capital increase to be carried out within twelve months: entry of new shareholders alongside the The MPS foundation, nationalization or the public company model with widespread shareholders are the three possible paths, even if some observers do not rule out the possibility that the bank could end up in the orbit of foreign groups or the subject of a break-up which would also involve Italian institutions.

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