Spanish stocks - Factors to watch on March 16

March 16 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


Zara owner Inditex ITX.MC reported on Wednesday its net profit more than doubled in 2021 to 3.2 billion euros ($3.51 billion) after its sales almost recovered from the pandemic as many countries eased the restrictions imposed to fight coronavirus.


BBVA said on Wednesday it had agreed to carry out a second tranche of its share buy-back program.


Facebook owner Meta Platform FB.O said on Tuesday it will hire 2,000 people over the next five years in Spain, where it will anchor its development plans for the region. Javier Olivan also said his company will establish a Metaverse Innovation Hub in collaboration with local telecoms firm Telefonica TEF.MC .


The company said on Wednesday it appointed Ignacio Mosquera Vazquez as new Chief Financial Officer.


Italian broadcaster MediaForEurope (MFE) MFEA.MI MFEB.MI said on Tuesday it had approved a voluntary offer in shares and cash to buy the stake it does not already own in its Spanish unit Mediaset Espana TL5.MC .

Separately, Spain's National Securities Market Commission (CNMV) said on Wednesday it decided to lift the suspension of trading of Mediaset with effects as of 8.30 am.


Spain's DIA said on Tuesday that no LIHS individual Shareholder holds control over LIHS.

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