Press Release

Telefónica rings the bell at the Madrid Stock Exchange to celebrate its Centenary

19 April, 2024

        From left to right, Laura Abasolo, CFO; José María Álvarez-Pallete, president and Ángel Vilá, CEO

  • The company's chairman, José María Álvarez-Pallete, has been in charge of the traditional campaign touch on the day that Telefónica celebrates 100 years of history

Telefónica was today the Guest of Honour at the Madrid Stock Exchange on the 100th anniversary of its incorporation as a company, which took place on 19 April 1924. On the occasion of this anniversary, its Chairman, José María Álvarez-Pallete, performed the traditional ringing of the bell in this tribute to a centenary company that has been listed on the stock exchange since its beginnings.

Before the CEO of BME, Javier Hernani, and 150 guests from the economic and stock market spheres, Álvarez-Pallete pointed out that "the constant support of our shareholders has been one of the fundamental pillars in the evolution and success of Telefónica. Owning Telefónica is part of the heritage of many Spanish families and we feel deeply privileged to have this responsibility. Every strategy, every decision we have taken has been with the objective of creating value for our shareholders. Your trust is the reason for our commitment.

For his part, Javier Hernani stressed that "Telefónica is today one of the largest and most international companies, largely thanks to the financing it has obtained on the stock market. In all this time, the company has multiplied its market value by 165 times, with operations in 12 countries, employs 1.3 million people, directly and indirectly, and generates an impact of 49,000 million euros in terms of GDP".

The event ended with the presentation of a commemorative plaque to Telefónica by BME.

You can see the photos of the Ring The Bell on this link. 

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