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Last R$8.17 BRL
Change Today -0.17 / -2.04%
Volume 2.0M
ELET6 On Other Exchanges
Symbol
Exchange
New York
New York
Sao Paulo
Stuttgart
Sao Paulo
Sao Paulo
Frankfurt
Frankfurt
Frankfurt
As of 4:09 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

centrais eletricas bras-pr b (ELET6) Snapshot

Open
R$8.30
Previous Close
R$8.34
Day High
R$8.34
Day Low
R$8.10
52 Week High
09/1/14 - R$12.92
52 Week Low
02/11/15 - R$5.77
Market Cap
8.1B
Average Volume 10 Days
1.2M
EPS TTM
R$-2.04
Shares Outstanding
265.4M
EX-Date
05/4/15
P/E TM
--
Dividend
--
Dividend Yield
1.27%
Current Stock Chart for CENTRAIS ELETRICAS BRAS-PR B (ELET6)

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centrais eletricas bras-pr b (ELET6) Details

Centrais Elétricas Brasileiras S.A. – Eletrobrás, together with its subsidiaries, generates, transmits, and distributes electricity in Brazil. It projects, builds, and operates generating power plants, and electric power transmission and distribution lines. As of December 31, 2013, it owned and operated 33 hydroelectric plants; 124 thermal plants, including coal and oil power generation units with an installed capacity of 4,556 Megawatts (MW); and 2 nuclear power plants with an installed capacity of 1,990 MW. The company also operates 64,400 km of transmission lines and 6 power distributors that serve approximately 3.8 million consumers. In addition, it operates as an electricity trading agent. Centrais Elétricas Brasileiras S.A. – Eletrobrás was founded in 1962 and is headquartered in Brasília, Brazil.

Founded in 1962

centrais eletricas bras-pr b (ELET6) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

centrais eletricas bras-pr b (ELET6) Key Developments

The Rosen Law Firm Files Securities Class Action Lawsuit against Centrais Elétricas Brasileiras S.A. - Eletrobras

The Rosen Law Firm announced that it has filed class action lawsuit on behalf of purchasers of Centrais Elétricas Brasileiras S.A. - Eletrobras ADSs from February 10, 2014 through April 29, 2015, all dates inclusive (the Class Period). The lawsuit seeks to recover damages for Eletrobras investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period issued materially false and misleading statements to investors and/or failed to disclose that: the company’s senior officials were in non-compliance with the company’s corporate governance directives and Code of Ethics; as a result, the company was subject to investigation and disciplinary action by various governmental and regulatory authorities; the company’s financial statements were materially false and misleading as they contained direct references to the company’s Code of Ethics, and statements regarding its compliance with regulations and internal governance policies; the company lacked adequate internal and financial controls; the SOX certifications signed by Eletrobras’ senior management were materially false and misleading as senior management was aware of 'any fraud, whether or not material'; and as a result of the foregoing, the company’s financial statements were materially false and misleading at all relevant times.

Iberdrola May Acquire Stake In Eletrobras Subsidiaries

Iberdrola, S.A. (CATS:IBE) will analyze whether to acquire distribution stakes belonging to Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6), Iberdrola said on July 22, 2015. Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6) has confirmed it will privatize Goi ¡s state utility Celg Distribuição S.A. and is also reportedly seeking buyers for distribution subsidiaries in Alagoas, Piauí, Rondônia, Acre, Amazonas and Roraima. During an investor webcast on Wednesday, Iberdrola CEO Ignacio Gal án said he planned to discuss the issue at board level. "I haven't had time to discuss it with my colleagues to see which companies will be privatized, but we will look at it," Gal A¡n said. "We have to see if it fits with our areas and what the conditions are. We will analyze it," Gal A¡n said.

State Grid Eyes Eletrobras Distribution Stakes

State Grid Corporation of China is seeking acquisition of stakes in Celg Distribuição S.A. from Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6). China's State Grid said on July 17, 2015 that it is considering buying electricity distribution stakes belonging to Brazil's state-run power group Eletrobras. Eletrobras is reportedly preparing to merge distribution subsidiaries with a view to selling them to private firms. Goi’s state utility Celg Distribuição S.A.is to date the only company that Eletrobras has confirmed will be privatized. "We are going to keep an eye on market opportunities," State Grid Operations Chief Ramon Haddad told reporters. "Celg will be the first and for that reason it's the first we are going to analyze. We will see what becomes available."

 

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EDP - Energias do Brasil SA R$12.70 BRL +0.04
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