{
 "as_of": "2026-11-06",
 "cmr": "es-cm-kg/XMAD/ES0178165017",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# TECNICAS REUNIDAS S.A. (BME Madrid: ES0178165017) — research page\n\nAs of 2026-11-06 · es-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is TECNICAS REUNIDAS S.A., listed on BME Madrid under ticker ES0178165017, with ISIN ES0178165017 and LEI 213800JEZBUPZKWJGF49. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 39 filings in the twelve months to 2026-11-06, across 29 filing days. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-06 and is of type Programas de recompra de acciones, estabilización y autocartera, and it is 0 days before the record date. The exchange median for BME Madrid is 31.0 filings, a cadence gap of 9 days and a latency of 8 days, across 122 issuers. The sector median is not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The record does not carry auditor changes for this register.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move events for this register. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe orderability outcome cannot be determined under acm-68000/es/mifid-ii-product-governance/r1, because the chapter's orderability section carries no client categories. The chapter is as of 2026-11-04.\n\n## Coverage\n\nTwelve research houses are named on the issuer's investor-relations page: Alantra, Alpha Value, Barclays, Bestinver Securities, CaixaBank BPI, Exane BNP Paribas, GVC Gaesco Beka, JB Capital, Kepler Cheuvreux, Oddo Securities, Renta 4 and Santander.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed for this market, and no sealed years hold the issuer. The live record began on a date that is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.es-cm-kg.ai/events/XMAD/ES0178165017 (the disclosure lines)\n- https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin=<roster ISIN> (the halt flag)\n- https://es.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.tecnicasreunidas.es/investors/analysts/ (coverage)\n- https://mcp.es-cm-kg.ai/record/XMAD/ES0178165017 (the record)\n",
 "market": "ES",
 "node": "es-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the ES vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "ES",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "ES",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "ES",
    "state": "not_on_record"
   },
   "changes": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "es-cm-kg/XMAD/ES0178165017",
  "coverage": {
   "count": 12,
   "houses": [
    {
     "analyst": "Juan Cánovas",
     "house": "Alantra",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Isabelle Zhang",
     "house": "Alpha Value",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Mick Pickup",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Alvaro Navarro",
     "house": "Bestinver Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Filipe Leite",
     "house": "CaixaBank BPI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Francisco Ruiz",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Íñigo Recio",
     "house": "GVC Gaesco Beka",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Ignacio Doménech",
     "house": "JB Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Kevin Roger",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Baptiste Lebacq",
     "house": "Oddo Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "César Sánchez-Grande",
     "house": "Renta 4",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    },
    {
     "analyst": "Robert Jackson",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.tecnicasreunidas.es/investors/analysts/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.tecnicasreunidas.es/investors/analysts/",
     "result": "read: 12 of 24 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 122,
     "median_cadence_gap_days": 9,
     "median_filings": 31,
     "median_latency_days": 8,
     "name": "BME Madrid"
    },
    "sector": {
     "market": "ES",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Contratos de liquidez y contrapartida": 3,
    "Convocatoria de Junta o Asamblea": 1,
    "Informe anual de gobierno corporativo": 1,
    "Informe anual de remuneraciones de los consejeros": 1,
    "Informes financieros anuales y de auditoría": 1,
    "Informes financieros semestrales y de auditoría / revisiones limitadas": 2,
    "Otra información relevante": 8,
    "Programas de recompra de acciones, estabilización y autocartera": 7,
    "Sobre negocio y situación financiera": 5,
    "Sobre operaciones corporativas": 1,
    "Sobre programas de recompra de acciones, estabilización y autocartera": 1,
    "Sobre resultados": 8
   },
   "cadence_median_gap_days": 7,
   "filing_days": 29,
   "filings": 39,
   "latency_days": 0,
   "latest": [
    {
     "category": "Programas de recompra de acciones, estabilización y autocartera",
     "date": "2026-11-06",
     "source": "https://www.cnmv.es/webservices/verdocumento/ver?t=%7b46d0f943-089e-4249-85e7-36d8484eeee6%7d",
     "title": "Operaciones realizadas al amparo del Programa de Recompra de acciones entre el 29 de octubre y el 4 de noviembre de 2026",
     "type": "Programas de recompra de acciones, estabilización y autocartera"
    },
    {
     "category": "Programas de recompra de acciones, estabilización y autocartera",
     "date": "2026-10-29",
     "source": "https://www.cnmv.es/webservices/verdocumento/ver?t=%7b62eab228-234d-4bac-84dc-e5b9e34fe21e%7d",
     "title": "Operaciones realizadas al amparo del Programa de Recompra de acciones entre el 22 y el 28 de octubre de 2026",
     "type": "Programas de recompra de acciones, estabilización y autocartera"
    },
    {
     "category": "Programas de recompra de acciones, estabilización y autocartera",
     "date": "2026-10-22",
     "source": "https://www.cnmv.es/webservices/verdocumento/ver?t=%7bdbe8b283-85ed-40a5-a9c2-2781520aba04%7d",
     "title": "Operaciones realizadas al amparo del Programa de Recompra de acciones entre el 15 y el 21 de octubre de 2026",
     "type": "Programas de recompra de acciones, estabilización y autocartera"
    },
    {
     "category": "Otra información relevante",
     "date": "2026-10-19",
     "source": "https://www.cnmv.es/webservices/verdocumento/ver?t=%7b41df5f09-2d9b-41e8-98e8-63c9a8eab4a7%7d",
     "title": "Técnicas Reunidas consolida su expansión en Norteamérica con el proyecto Coastal GasLink en Canada.",
     "type": "Otra información relevante"
    },
    {
     "category": "Programas de recompra de acciones, estabilización y autocartera",
     "date": "2026-10-15",
     "source": "https://www.cnmv.es/webservices/verdocumento/ver?t=%7b576b6adb-e616-4ee0-85d0-089c426f4c67%7d",
     "title": "Operaciones realizadas al amparo del Programa de Recompra de acciones entre el 8 y el 14 de octubre de 2026",
     "type": "Programas de recompra de acciones, estabilización y autocartera"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.es-cm-kg.ai/events/XMAD/ES0178165017",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "allooloo-cm-kg/eu-sources/es roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BME Madrid"
   },
   "isin": {
    "read_by": "allooloo-cm-kg/eu-sources/es roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "ES0178165017"
   },
   "jurisdiction": {
    "market": "ES",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN ES0178165017)",
    "state": "sourced",
    "value": "213800JEZBUPZKWJGF49"
   },
   "name": {
    "read_by": "allooloo-cm-kg/eu-sources/es roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "TECNICAS REUNIDAS S.A."
   },
   "sector": {
    "market": "ES",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "ES",
    "state": "not_on_record"
   },
   "segment": {
    "market": "ES",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "allooloo-cm-kg/eu-sources/es roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "ES0178165017"
   },
   "website": {
    "market": "ES",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "ES",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
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  "market": "ES",
  "node": "es-cm-kg",
  "numbers_hash": "sha256:ad55d88b9c991b6340d6892ac1e5d652b0b7f93f47ac0e5e5daba0657f7859f8",
  "open_research": {
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   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://es.eu-cm-kg.ai/book/aio.json",
    "door": "https://es.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/es/mifid-ii-product-governance/r1",
   "section": "es.aio.v6"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.es-cm-kg.ai/record/XMAD/ES0178165017",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin=<roster ISIN>",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:ad55d88b9c991b6340d6892ac1e5d652b0b7f93f47ac0e5e5daba0657f7859f8",
 "path": "/es/XMAD/ES0178165017",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is TECNICAS REUNIDAS S.A., listed on BME Madrid under ticker ES0178165017, with ISIN ES0178165017 and LEI 213800JEZBUPZKWJGF49. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 39 filings in the twelve months to 2026-11-06, across 29 filing days. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-06 and is of type Programas de recompra de acciones, estabilización y autocartera, and it is 0 days before the record date. The exchange median for BME Madrid is 31.0 filings, a cadence gap of 9 days and a latency of 8 days, across 122 issuers. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The record does not carry auditor changes for this register.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move events for this register. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The orderability outcome cannot be determined under acm-68000/es/mifid-ii-product-governance/r1, because the chapter's orderability section carries no client categories. The chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "Twelve research houses are named on the issuer's investor-relations page: Alantra, Alpha Value, Barclays, Bestinver Securities, CaixaBank BPI, Exane BNP Paribas, GVC Gaesco Beka, JB Capital, Kepler Cheuvreux, Oddo Securities, Renta 4 and Santander.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed for this market, and no sealed years hold the issuer. The live record began on a date that is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.es-cm-kg.ai/events/XMAD/ES0178165017"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cnmv.es/portal/Informacion-Privilegiada/Resultado-IP?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://www.cnmv.es/portal/Otra-Informacion-Relevante/Resultado-OIR?tipos=<category blob>&fechaDesde=09/11/2025&fechaHasta=09/11/2026 | https://apiweb.bolsasymercados.es/Market/v1/EQ/ShareDetailsInfo?isin=<roster ISIN>"
  },
  {
   "for": "the orderability chapter",
   "source": "https://es.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.tecnicasreunidas.es/investors/analysts/"
  },
  {
   "for": "the record",
   "source": "https://mcp.es-cm-kg.ai/record/XMAD/ES0178165017"
  }
 ],
 "title": "TECNICAS REUNIDAS S.A. (ES0178165017) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}