Public Power Corporation will complete the process of increasing its share capital by €4 billion by the end of May, company President and CEO George Stassis said on Tuesday, during a briefing for analysts on first-quarter results.
An extraordinary general meeting of shareholders will be convened on Thursday to approve the launch of the process. The book of offers will remain open for three days, and the offering price of the new shares will be determined at the end of the month.
Responding to questions regarding the outlook for 2026, the PPC chief said that the projections for operating profits of €2.4 billion and net profits of €0.7 billion could be revised upward if not for the ongoing conflict in the Persian Gulf, which could persist even into the summer.
