Copel Approves Dividends, Share Buyback, and Asset Sale

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

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.

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