tiprankstipranks

Endesa Announces Series of Related Transactions with Enel Group

Story Highlights
Endesa Announces Series of Related Transactions with Enel Group

Confident Investing Starts Here:

An announcement from Endesa SA ( (ES:ELE) ) is now available.

Endesa, S.A. has announced a series of related transactions with its controlling shareholder Enel S.p.A. and associated companies. These transactions, approved by the Board of Directors, include software agreements, service contracts, and financial arrangements, all exceeding the regulatory threshold for public disclosure. The Audit and Compliance Committee has reviewed and deemed these transactions fair and reasonable, ensuring transparency and compliance with corporate governance standards.

More about Endesa SA

Endesa, S.A. operates in the energy sector and is primarily involved in the generation, distribution, and sale of electricity and gas. The company is a significant player in the Spanish and Portuguese energy markets and is part of the Enel Group, which is its controlling shareholder.

Average Trading Volume: 1,387,569

Technical Sentiment Signal: Buy

Current Market Cap: €27.76B

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App