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COPEL Approves Migration to Novo Mercado, Offers Withdrawal Rights

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COPEL Approves Migration to Novo Mercado, Offers Withdrawal Rights

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The latest update is out from Companhia Paranaense de Energia Pfd ( (ELP) ).

On August 25, 2025, Companhia Paranaense de Energia (COPEL) held an Extraordinary General Meeting where shareholders approved the company’s migration to the Novo Mercado of B3 S.A., which included changes to the preferences of class ‘B’ preferred shares. This decision grants withdrawal rights to dissenting shareholders of ordinary shares, allowing them to be reimbursed for their shares if they disagree with the changes. The reimbursement is contingent on obtaining creditor waivers, and the exercise period for withdrawal rights is from August 26 to September 24, 2025.

The most recent analyst rating on (ELP) stock is a Buy with a $9.50 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Pfd stock, see the ELP Stock Forecast page.

Spark’s Take on ELP Stock

According to Spark, TipRanks’ AI Analyst, ELP is a Outperform.

Companhia Paranaense de Energia Pfd’s overall stock score is driven by solid financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. While technical indicators suggest mixed momentum, the company’s strategic achievements and recognition in ESG practices are positive. However, increased financial expenses and cash flow challenges are risks that need monitoring.

To see Spark’s full report on ELP stock, click here.

More about Companhia Paranaense de Energia Pfd

Companhia Paranaense de Energia, also known as COPEL, is an energy company based in Paraná, Brazil. It operates in the energy sector, focusing on the generation, transmission, and distribution of electricity, and is listed on multiple stock exchanges including B3, NYSE, and LATIBEX.

Average Trading Volume: 264,733

Technical Sentiment Signal: Buy

Current Market Cap: $6.49B

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

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