During the year, overall over 25.8 million shares in Viscofan were traded, with a trading volume of €1,230 billion, which is equivalent to a daily average of €4.8 million.
Viscofan shares are listed on the Spanish stock markets of Madrid, Barcelona and Bilbao. In addition, the shares have traded on the continuous market since its flotation in December 1986, belong to the Ibex 35 index, the Madrid Stock Exchange General Index (IGBM) and form part of the Consumer Goods segment of the food subsector, as well as the Euro Stoxx Food & Beverage index and the Eurostoxx 600 index.
In the first half of the year the share price trended upwards. However, the announcement in the 2Q19 results publication of the non-achievement of the initial growth targets expected for the year caused the share to fall to an annual low of €40.12 per share.
Subsequently, the improvement in the 3Q19 results, in line with the new growth objectives announced, drove the share price up to close 2019 at €47.1, a decrease of -2.1% but an increase of +1.5% if the dividends paid during the year are included.
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