Eletrobras suspends migration plan to Novo Mercado this year

Eletrobras said this Tuesday (29) that its board of directors chose to suspend the company’s migration project to B3’s Novo Mercado this year due to the macroeconomic scenario and market conditions.

In 2023, the company will again analyze the opportune moment for migration, he added.

In a statement, Eletrobras also informed that its board should propose for resolution of shareholders, in a general meeting, the redemption of all preferred shares “class A” of the company and the incorporation of shares of subsidiaries (Chesf, CGT Eletrosul, Furnas and Eletronorte ).

“The effective submission of the redemption of PNA shares and the merger of shares of subsidiaries, including the redemption price, the exchange ratios and other terms and conditions of these matters, remain under analysis by the management, including the approval of the respective management proposals” .

Source: CNN Brasil

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