ANALYSIS – After a fanfare introduction on the Paris market and an exciting start, EDF shares have continued to tumble for fifteen years.
The renationalisation of EDF will leave a bitter taste to the shareholders of the first hour of the company. Five million French people rushed on November 21, 2005 to obtain a share of the national flagship of electricity and nuclear power. That is ten times more than for La Française des jeux, an operation that is nevertheless qualified as “vast popular success” in October 2019 by the Minister of the Economy, Bruno Le Maire.
The title of the energy company was introduced at 32 euros. Just before the announcement of the return to the public fold of the company by the Prime Minister, Elisabeth Borne, on July 6, EDF was trading at less than 8 euros. Since then, the hope of a bonus for minority shareholders has revived the action. It was suspended last week at 10.22 euros. But, even taking into account the dividends pocketed for seventeen years (i.e. 15.50 euros for one share) and including a potential bonus on the delisting price, the account is not there for those who …
This article is for subscribers only. You have 88% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
Already subscribed? Login