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Italgas S.p.A. (IG.MI)

Milan - Milan Delayed price. Currency in EUR
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4.8200-0.0640 (-1.31%)
At close: 05:35PM CEST
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Previous close4.8840
Open4.8720
Bid4.8120 x 0
Ask4.8220 x 0
Day's range4.8040 - 4.8940
52-week range4.6840 - 5.5800
Volume3,294,602
Avg. volume2,967,316
Market cap3.91B
Beta (5Y monthly)0.58
PE ratio (TTM)8.93
EPS (TTM)0.5400
Earnings date24 July 2024
Forward dividend & yield0.35 (7.30%)
Ex-dividend date20 May 2024
1y target est5.80
  • Reuters

    Italgas' main shareholder ready to support acquisition of rival

    Cdp Reti, the main shareholder of Italian gas distributor Italgas, is in favour of the possible acquisition of smaller rival 2i Rete Gas and is "willing to evaluate forms of support" for the deal, it said in a statement. Italgas said on Monday it had started exclusive talks to buy 100% of 2i Rete Gas, a step that would consolidate Italy's gas distribution market. "Considering the strategic role of the infrastructure and energy sectors," Cdp Reti looks "favorably on the possibility of the transaction, ... recognizing the potential industrial value," the state-controlled holding company said.