9 April 2019 – La Vanguardia
The share price of Neinor Homes decreased by more than 16.3% after the change in CEO and a new more conservative strategic plan was announced on Monday.
As such, Neinor’s share price has plummeted by more than 30% since the start of the year and is currently trading at around €9 per share.
The company has appointed Borja García-Egotxeaga as its new CEO, following the resignation of Juan Velayos, who will continue as a senior advisor to the property developer.
Original story: La Vanguardia
Translation/Summary: Carmel Drake