Iberdrola holds a day of engagement with its shareholders at the Campus in Madrid
The initiative is part of its drive to permanently involve shareholders in the day-to-day running of the company, as set out in its Engagement Policy, which celebrates its tenth anniversary this year
Today Iberdrola continued its series of meetings with shareholders in Spain with an event at its Innovation and Training Campus in San Agustín de Guadalix (Madrid). The aim of the meeting was to promote a permanent, fluid and close dialogue with its investors, who are at the centre of the company's strategy.
During the meeting, shareholders had the opportunity to see the company's businesses first hand through various workshops that gave them an insight into the day-to-day running of Iberdrola. They learned about the progress made in the digitisation of networks, the development of the renewable business, all the smart home solutions, such as aerothermal energy, self-consumption and electric vehicle charging points.
365 engagement and participation policy
This initiative is part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and reflected in the Articles of Association, with a special focus on small investors. In fact, Iberdrola has relaunched an engagement space for its shareholders.
The new space reinforces and promotes the participation of its shareholders through different channels 365 days a year.
The page includes Iberdrola's main communication and contact channels to keep shareholders informed and listen to them, encouraging their participation in the General Meeting, as well as in other events and meetings.
Iberdrola was a pioneer in introducing this strategy into the management of the company, which seeks to involve all its stakeholders in its business project, promoting transparency, active listening and disseminating its activities.
Thus, shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholder Club. Registration with OLA can be done through its website: www.iberdrola.com/accionistas-inversores/accionistas/club-accionista
Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to encourage this channel of permanent relationship and to reward, with exclusive advantages, those who have demonstrated their support and confidence in the company's trajectory. Over the years, this initiative has been consolidated as good practice by the rest of the large companies listed on the Spanish Stock Exchange.
The electricity company has other channels for communicating with its investors, such as the freephone number 900 10 00 19, the postal service (Shareholder Office, c/ Tomás Redondo, n.o 1, 28033 Madrid) or email (accionistas@iberdrola.com). Shareholders only have to indicate their name, surname and National Identity Document number.
2024, a historic year
These meetings are taking place at a historic moment for the company. In 2024, Iberdrola recorded record figures for results, dividends, social contribution and market capitalisation. And it has consolidated its position as one of the two largest electricity companies in the world by market capitalisation, having surpassed 100 billion euros in stock market value for the first time in its history last week.
The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, the Iberdrola group's distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained the il. lumina plan, in which Iberdrola is going to invest 100 million euros to redesign the electricity distribution network damaged by the storm Dana on 29th October last year.
The round of meetings continued in Bilbao on 24 March with an appointment at Torre Iberdrola. On that occasion, Ignacio Cuenca, Iberdrola's Director of Investor Relations, met with shareholders to present the company's balance sheet for the past financial year and the main lines of its future strategy.
2Dividend, key to the strategy
Iberdrola is fully committed to its shareholders and the dividend is considered a key element. Specifically, the company has proposed paying a gross dividend of 0.635 euros per share against the 2024 financial year, reaching the target set for 2026 and 15% higher than the 0.553 euros per share distributed against the 2023 financial year. The engagement dividend will be added to this amount, once approved at the General Shareholders' Meeting and if the planned engagement quorum is reached.