17H
Here's what the AI explained to me:
Iberdrola is currently conducting its annual "Iberdrola Retribución Flexible" (optional dividend/scrip dividend). During this corporate action, brokers such as Trade Republic may temporarily restrict or suspend trading until the technical processing is complete.
What do you need to do? In most cases: nothing at all.
Trade Republic usually processes the corporate action automatically. Depending on the options Trade Republic offers for this capital measure, you will either:
- automatically receive the default option, or
- receive a notification in the app if you can choose between a cash dividend and shares.
So there is no delisting, and you keep your shares.
Iberdrola is currently conducting its annual "Iberdrola Retribución Flexible" (optional dividend/scrip dividend). During this corporate action, brokers such as Trade Republic may temporarily restrict or suspend trading until the technical processing is complete.
What do you need to do? In most cases: nothing at all.
Trade Republic usually processes the corporate action automatically. Depending on the options Trade Republic offers for this capital measure, you will either:
- automatically receive the default option, or
- receive a notification in the app if you can choose between a cash dividend and shares.
So there is no delisting, and you keep your shares.
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55
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15H
@SakEr So TR Support replied that it’s a delisting and that a partial portfolio transfer makes sense so that you can continue trading.
According to my research:
This delisting is apparently a consequence of TR recently adding 30 more trading venues. Lang & Schwarz isn’t too thrilled about this, since they previously held exclusive rights as a trading venue.
According to my research:
This delisting is apparently a consequence of TR recently adding 30 more trading venues. Lang & Schwarz isn’t too thrilled about this, since they previously held exclusive rights as a trading venue.
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14H
@Ochse
Customer Service in the App:
We're working on it.
You may have recently received an incorrect message about Iberdrola. The stock is still tradable. We'll send you a correction email with all the details shortly.
It does indeed appear that TR no longer trades Iberdrola stock through L&S. Let’s wait and see when and through which platform the stock will be tradable later on.
Customer Service in the App:
We're working on it.
You may have recently received an incorrect message about Iberdrola. The stock is still tradable. We'll send you a correction email with all the details shortly.
It does indeed appear that TR no longer trades Iberdrola stock through L&S. Let’s wait and see when and through which platform the stock will be tradable later on.
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11
•We just received the following email: We recently informed you that Iberdrola was no longer available for trading. That information was incorrect.
Iberdrola remains tradable on Trade Republic. You can continue to hold your shares or buy and sell them as usual.
Iberdrola remains tradable on Trade Republic. You can continue to hold your shares or buy and sell them as usual.
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11
•Wow... Thanks so much for the info.
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