Overview
- A social media post claimed Mercadona would launch an IPO on August 3 with shares priced at €8 each and a 10 million-share offering on the Madrid exchange.
- The unfounded rumor spread rapidly on platforms such as X and other social networks before the company responded.
- On July 16, Mercadona issued a statement categorically denying any plans to go public on that date or in the near term.
- Mercadona regularly uses its official channels to counter recurring false rumors and protect its reputation.
- The Valencia-based chain operates more than 1,600 stores across Spain and Portugal and reported €38.8 billion in revenue in 2024 under Juan Roig’s leadership.