Mikel Barandiaran, CEO of DOMINION, purchases new shares of the company and reaches a stake of 5.5%

22 / 09 / 2022

In a clear bid for the company, the CEO of DOMINION recently purchased a block of 151,200 shares.

The CEO of DOMINION, Mikel Barandiaran, has informed the National Securities Market Commission of a change in his shareholding position within DOMINION by increasing his stake by 0.1%, reaching almost 5.5%.

In a clear bid for the company, the CEO of DOMINION purchased a block of 151,200 shares in mid-August. 

DOMINION recently presented the results of the first half of the year with a growth of 7% in sales compared to the same period in 2021. The company has recorded a profit of €23.4M (before attributing the result to its new Renewable Energies partner) and a turnover of €538M.

In addition, DOMINION is close to completing its second share repurchase program equivalent to 5% of its capital after having already amortized another 5% in 2021.

The objective of this program is to create value for the shareholder by increasing their participation, which is added to the dividend distribution that was paid in July.