IBERDROLA's market capitalisation at the end of 2011 was nearly 28 billion euros. We rank among the top five electricity companies in the world in terms of market capitalisation.
The average price per share in 2011 was 5.57 euros.
As in previous financial years, IBERDROLA shares continued to be one of the most liquid securities on the Spanish market, with an average daily trading volume of 39.3 million shares at the end of 2011, which has meant an annual share capital turnover of 173.65%.
In 2011, the number of shares rose due to the two capital increases in relation to the Scrip Dividend scheme “Iberdrola Dividendo Flexible”. Thus, the total number of outstanding shares grew by 8.92% in the year, reaching a total of 5,972,865,000 shares.