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Centrais Elc Braz Pfb B Elbras ( ($EBR.B) ) just unveiled an announcement.
On March 31, 2025, Eletrobras announced a corporate demand involving a legal proceeding initiated by the Furnas Employees Association and the Furnas and Eletronuclear Employees Assistance Fund against Eletrobras, Furnas Centrais Elétricas S/A, and the Federal Government. The case, filed on June 4, 2022, concerns a R$1.583 billion contribution by Furnas to Madeira Energia S.A. before a general meeting of debenture holders. The plaintiffs argue that this action could negatively impact Furnas’ business interests. However, the general meeting approved the contribution without prejudice to Furnas. The request for emergency relief to suspend the meeting was denied, and the jurisdiction was transferred to the 7th Business Court of the TJRJ. Eletrobras filed a defense on March 20, 2025, and the court is reviewing the case.
More about Centrais Elc Braz Pfb B Elbras
Centrais Elétricas Brasileiras S.A. – Eletrobras is a Brazilian electric power company involved in the generation, transmission, and distribution of electricity. It plays a significant role in the Brazilian energy sector, focusing on hydroelectric power and other renewable energy sources.
YTD Price Performance: 20.59%
Average Trading Volume: 48,125
Technical Sentiment Signal: Sell
Current Market Cap: $16.75B
See more data about EBR.B stock on TipRanks’ Stock Analysis page.