Copel Approves Dividends, Share Buyback, and Asset Sale

Companhia Paranaense de Energia Pfd (ELP) has released an update.

Don't Miss our Black Friday Offers:

Companhia Paranaense de Energia (Copel) has approved the distribution of R$600 million in dividends for 2024 and launched a share buyback program targeting up to 10% of its outstanding shares. Additionally, Copel has agreed to sell several energy assets to Electra Hydra Participações Societárias Ltda., aiming for efficiency gains and strategic alignment.

For further insights into ELP stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.