tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

COPEL Announces No Shareholder Withdrawals Following Share Preference Changes

Story Highlights
COPEL Announces No Shareholder Withdrawals Following Share Preference Changes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Companhia Paranaense de Energia Pfd ( (ELP) ) just unveiled an update.

On September 24, 2025, Companhia Paranaense de Energia (COPEL) announced that the deadline for dissenting shareholders to exercise their right of withdrawal had passed without any shareholders opting to withdraw. This follows the approval at the Extraordinary General Meeting on August 22, 2025, to equalize the preferences and advantages of class ‘B’ preferred shares with class ‘A’ preferred shares. The lack of dissent suggests shareholder support for the changes, which could impact the company’s financial structure and stakeholder relations.

The most recent analyst rating on (ELP) stock is a Buy with a $9.50 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Pfd stock, see the ELP Stock Forecast page.

Spark’s Take on ELP Stock

According to Spark, TipRanks’ AI Analyst, ELP is a Outperform.

Companhia Paranaense de Energia Pfd’s overall stock score is driven by solid financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. While technical indicators suggest mixed momentum, the company’s strategic achievements and recognition in ESG practices are positive. However, increased financial expenses and cash flow challenges are risks that need monitoring.

To see Spark’s full report on ELP stock, click here.

More about Companhia Paranaense de Energia Pfd

Companhia Paranaense de Energia, also known as COPEL, is an energy company based in Paraná, Brazil. It operates in the energy sector, focusing on the generation, transmission, and distribution of electricity. The company is listed on multiple stock exchanges, including B3, NYSE, and LATIBEX, under various ticker symbols.

Average Trading Volume: 230,661

Technical Sentiment Signal: Buy

Current Market Cap: $6.97B

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

Disclaimer & DisclosureReport 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
1