(with more details and background)
Frankfurt (dpa -Afx broker) – The hope of investors for faster clarity when it comes to stock returns gave the shares of RWE a new impetus on Monday. In the morning, the price of the energy group moved by 2.5 percent to EUR 32.88 for the claims of the activist investor Elliott Advisor. After the last two trading days recreation rally break, the stocks have been targeting her again since September. This was marked at 33.50 euros in the previous week.
Elliott calls on the RWE board in a message to more determination when buying its own shares. The Americans share the disappointment of the market about the “lack of clarity” in terms of increasing shareholders. Analyst Javier Garrido from Bank JPmorgan blamed this situation on Monday that the RWE share interrupted its rally for two days at the end of the week. At the top, the shares had won almost 20 percent since mid -February.
Garrido points out that RWE had put into investors in the early 2026 for new buyback statements. Elliott should insist on faster clarity here, the expert suspects in his comment. RWE financial chief Michael Müller had a few days ago at a press conference on the 2024 business figures. He wants to make the topic dependent on the share price and the prerequisites for investment opportunities that are applicable at the beginning of next year.
Elliott could now be able to count almost 5 percent of the shares in the energy group. The start of the activist investor and his buyback claims has been speculated since the beginning of November, without any previous details about the participation. In mid -November, RWE then announced the purchase of his own shares in volume of 1.5 billion euros. So far, this package was only the first concession to the activist investor.
Other industry experts also recently rated stock purchases positively. Ahmed Farman von Jefferies sees them the most important spa driver for the next 12 months and the central criterion that RWE is currently his preferred election in the field of renewable energies. He mentioned the chance of an additional volume of 2.5 billion euros on Monday to 2027. In his opinion, the return purchases could increase to four billion./Tih/LEW/MIS
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