DIA, Banco Espanol de Credito, Caixabank: Iberian Equity Preview

The following companies may have unusual price changes in Spanish and Portuguese trading. Stock symbols are in parentheses and share prices are from the previous close.

Spain’s IBEX 35 Index (IBEX) fell 2.3 percent to 8,353.80 in Madrid. Portugal’s PSI-20 Index (PSI20) declined 2.6 percent to 5,737.78.

Distribuidora Internacional de Alimentacion SA (DIA SM): The discount food retailer known as Dia said in a regulatory filing it bought back 1.47 million shares from Sept. 27 through Oct. 3 at an average price of 2.78 euros to 3.02 euros a share. The stock fell 1.7 percent to 2.92 euros.

Banco Espanol de Credito SA (BTO) : Executives of the Banco Santander SA unit are scheduled to speak in a Bank of America Corp. conference in London. Managers of rival Caixabank (CABK SM) also will have a presentation in the same event. Banesto stock rose less than 0.1 percent to 4.5 euros, while Caixabank shares fell 3.6 percent to 3.20 euros.

To contact the reporter on this story: Esteban Duarte in Madrid at eduarterubia@bloomberg.net.

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net.

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