tiprankstipranks
SABESP Announces Key Amendment to Concession Contract
Company Announcements

SABESP Announces Key Amendment to Concession Contract

Story Highlights

Don't Miss Our Christmas Offers:

The latest announcement is out from Companhia De Saneamento ( (SBS) ).

SABESP announced the publication in the Official Gazette of a significant amendment to its Concession Contract 01/2024, which was approved by the URAE 1 Southeast Deliberative Council. This amendment, facilitated with the intervention of ARSESP, represents an important development in SABESP’s contractual agreements, potentially impacting its operational framework and stakeholder relations.

More about Companhia De Saneamento

Companhia de Saneamento Básico do Estado de São Paulo, known as SABESP, operates in the basic sanitation industry, providing water supply and sewage services in the State of São Paulo, Brazil. SABESP is a key player in the region, focusing on comprehensive sanitation solutions to enhance public health and environmental standards.

YTD Price Performance: -4.41%

Average Trading Volume: 986,451

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.74B

For detailed information about SBS stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskSABESP Elects New Audit Committee Members
TipRanks Auto-Generated NewsdeskCompanhia De Saneamento Secures Major IFC Financing
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App