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The latest announcement is out from Companhia De Saneamento ( (SBS) ).
SABESP announced the publication in the Official Gazette of a significant amendment to its Concession Contract 01/2024, which was approved by the URAE 1 Southeast Deliberative Council. This amendment, facilitated with the intervention of ARSESP, represents an important development in SABESP’s contractual agreements, potentially impacting its operational framework and stakeholder relations.
More about Companhia De Saneamento
Companhia de Saneamento Básico do Estado de São Paulo, known as SABESP, operates in the basic sanitation industry, providing water supply and sewage services in the State of São Paulo, Brazil. SABESP is a key player in the region, focusing on comprehensive sanitation solutions to enhance public health and environmental standards.
YTD Price Performance: -4.41%
Average Trading Volume: 986,451
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.74B
For detailed information about SBS stock, go to TipRanks’ Stock Analysis page.