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COPEL Board Approves New Electoral Process for 2025/2027 Mandate

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COPEL Board Approves New Electoral Process for 2025/2027 Mandate

Companhia Paranaense de Energia Pfd ( (ELP) ) has shared an announcement.

On March 14, 2025, Companhia Paranaense de Energia’s Board of Directors convened to discuss the electoral process for the 2025/2027 mandate. The Board approved a slate system for electing members, with eight members elected by common stock shareholders and one by preferred stock shareholders. The meeting also confirmed that the candidates meet the independence criteria as per CVM Resolution 80/2022, ensuring compliance with regulatory standards. This decision is set to be presented at the Annual Shareholder’s Meeting on April 24, 2025, potentially impacting the company’s governance structure.

More about Companhia Paranaense de Energia Pfd

Companhia Paranaense de Energia, also known as COPEL, is a publicly-held energy company based in Curitiba, Paraná, Brazil. It operates within the energy sector, focusing on the generation, transmission, and distribution of electricity. The company is a significant player in the Brazilian energy market, providing essential energy services to a wide range of consumers in the region.

YTD Price Performance: 24.37%

Average Trading Volume: 247,348

Technical Sentiment Signal: Strong Sell

Current Market Cap: $5.25B

See more data about ELP stock on TipRanks’ Stock Analysis page.

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