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Endesa Announces Series of Related Transactions with Enel Group

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Endesa Announces Series of Related Transactions with Enel Group

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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.

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