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Eletrobras Announces Delisting from Latibex to Streamline Operations
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Eletrobras Announces Delisting from Latibex to Streamline Operations

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An update from Centrais Elc Braz Pfb B Elbras ( ($EBR.B) ) is now available.

Eletrobras announced the approval of its Board of Directors to delist its common and preferred class ‘B’ shares from the Latin American Securities Market (Latibex) on the Madrid Stock Exchange. This move aligns with the company’s strategy to simplify its operations. The final implementation of this decision is pending analysis and approval by Latibex, and Eletrobras intends to keep the market updated on further developments.

More about Centrais Elc Braz Pfb B Elbras

Centrais Elétricas Brasileiras S.A., known as Eletrobras, is a Brazilian electric power company. It operates in the energy sector, focusing on the generation, transmission, and distribution of electricity. The company holds a significant position in the Brazilian electricity market, providing essential energy infrastructure and services.

YTD Price Performance: -24.78%

Average Trading Volume: 24,528

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.41B

See more data about EBR.B stock on TipRanks’ Stock Analysis page.

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