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Central Puerto SA ( (CEPU) ) has shared an update.
On March 31, 2025, Central Puerto S.A. announced a corporate reorganization involving the merger of its subsidiary CP Renovables S.A. and a split-off-merger with Ecogas Inversiones S.A. The merger will see CP Renovables absorbed by Central Puerto, while the split-off-merger will involve the division of certain assets and shares with Ecogas. These strategic moves are designed to streamline operations and improve market positioning without increasing Central Puerto’s equity or issuing new shares. The reorganization is expected to be tax-free and subject to regulatory approvals, with a Special Shareholders’ Meeting scheduled for May 22, 2025, to discuss these changes.
More about Central Puerto SA
Central Puerto S.A. is a company based in Buenos Aires, Argentina, operating in the energy sector. It focuses on the generation of electricity and related services, positioning itself as a key player in the Argentine energy market.
YTD Price Performance: -29.27%
Average Trading Volume: 336,922
Technical Sentiment Signal: Sell
Current Market Cap: $2.13B
For a thorough assessment of CEPU stock, go to TipRanks’ Stock Analysis page.