Companhia Estadual de Geração e Transmissão de Energia Elétrica - CEEE-GT announces an Equity Buyback for 68,876 shares, representing 2.09% of its issued share capital.
January 24, 2020 at 05:07 pm IST
Companhia Estadual de Geração e Transmissão de Energia Elétrica - CEEE-GT (BOVESPA:EEEL3) announces a share repurchase program. Under the program, the company will repurchase up to 68,876 shares, representing 2.09% of its issued share capital. The program aims to acquire shares issued by the company for maintenance of such shares in treasury, cancellation or sale, in order to maximize the generation of value for shareholders. The program is valid till January 23, 2021. As of January 22, 2020, the company has 3,298,838 shares in issue and no shares in treasury.