|Bid||7.24 x 3000|
|Ask||7.24 x 3100|
|Day's range||7.21 - 7.44|
|52-week range||4.69 - 9.61|
|Beta (5Y monthly)||0.70|
|PE ratio (TTM)||7.19|
|Forward dividend & yield||0.73 (10.16%)|
|Ex-dividend date||12 May 2021|
|1y target est||9.20|
Centrais Eletricas Brasileiras SA as the company is formally known said in a securities filing that the ruling related to its affiliated companies Amazonas Energia, Eletroacre, Ceron and Boa Vista Energia. The fuel consumption account program helps to pay for thermoelectric power generation in the north of the country, which is generally not connected to the electricity grid, and is therefore far more expensive. Eletrobras said it will receive the money in 60 monthly payments adjusted for inflation.
Before continuing, we would like to say that any statements that might be done during the earnings call regarding the estimates of the forecast of the company, projections and operational goals, financial goals, are based on beliefs and expectations of our management and are based on information that is currently available to the company. Now we have the President, Rodrigo Limp, you may continue.
BRASILIA (Reuters) -Brazil's lower house of Congress on Monday approved a bill allowing the privatization of state-controlled energy company Eletrobras, sending the measure to President Jair Bolsonaro for his signature. The proceeds will go to the Treasury to pay for the renewal of concessions for Eletrobras hydroelectric plants and transmission lines. The privatization of Eletrobras met with opposition from politicians, mainly on the left.