|Bid||4.1900 x 1300|
|Ask||4.2000 x 36200|
|Day's Range||4.1900 - 4.2300|
|52 Week Range||3.8900 - 5.1700|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||10.63|
|Forward Dividend & Yield||0.47 (9.81%)|
|Ex-Dividend Date||Jun 01, 2021|
|1y Target Est||6.30|
Telefonica will offer voluntary redundancy to staff born in 1967 or earlier and with at least 15 years of employment at the company, the UGT union said on Tuesday, calculating that 3,261 employees would meet those conditions. Europe's third-largest telecoms group and direct employer of 16,000 people in Spain would limit take-up of the offer to 60% of eligible staff, UGT said, adding that consultancy group KPMG has helped to formulate the plan. Some departments are set to be spared, such as those focused on cybersecurity, marketing and artificial intelligence, UGT representative Diego Gallart told Reuters.
Telefonica (TEF) extends its partnership with Wipro (WIT) to introduce a Continuous Integration, Continuous Deployment and Continuous Testing framework for network automation.
Spain on Tuesday approved a year-long extension, until the end of 2022, to restrictions on foreign takeovers of Spanish companies it regards as strategic. As part of measures to protect Spanish firms in the face of the coronavirus pandemic, Madrid imposed a process of authorization for the acquisition by a foreign company of stakes larger than 10% in companies considered to be strategic.