Companhia Energetica Minas Gerais (CIG) has released an update.
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Companhia Energética de Minas Gerais (CEMIG) has announced a considerable allocation of its 2023 net income towards dividends for shareholders, with payments in two installments within the year. Additionally, the company disclosed a share capital increase and a bonus of 30% new shares to shareholders, with the shares arising from the bonus to be traded ‘ex-rights’ from April 30, 2024. Furthermore, CEMIG has successfully filed its 2023 Form 20-F with the U.S. Securities and Exchange Commission, which is accessible to the public for review.
For further insights into CIG stock, check out TipRanks’ Stock Analysis page.
