Another 150 million new common shares of Public Power Corp. (PPC) began trading on the Athens Stock Exchange (ATHEX) on Monday, following a recent successful share capital increase by Greece’s biggest utility.
PPC CEO and president Georgios Stassis ceremoniously declared the opening of trading on Tuesday by ringing a bell.
“With the trading today of new shares by the company at the Athens Stock Exchange a new era begins for PPC, which now possesses a greater capital adequacy, strong alliances and is standing solidly on its feet. This will help in accelerating its transition to a modern, healthy, digital and environmentally friendly power utility,” Stassis said.
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