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0.245441795231417 0.245441795231417 0.245441795231417 0.245441795231417 0.0224403927068724 0.0126227208976158 0.00140252454417962 0.00631136044880797
Stock impact report

Sabesp - Material Fact

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares) (SBS) 
Last companhia de saneamento basico do estado de sao paulo - sabesp american depositary shares (each repstg 250 common shares) earnings: 11/15 04:01 pm Check Earnings Report
US:NYSE Investor Relations: aegea.com.br/en
Company Research Source: PR Newswire
SÃO PAULO, March 19, 2020 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp") in compliance with the provisions of Article 157, Paragraph 4 of Law 6,404/76 and the provisions of CVM Instruction 358/02, informs to its shareholders and the market in general that, in a meeting held today, the Executive Board approved:i) Proposal to exempt customer categories consumption of "Residencial Social" and "Residencial Favela (Shantytown)", registered on March 19, 2020, from paying water/sewage bills. This exemption will be valid for 90 days for bills issued as of April 1, 2020, and will cover all municipalities operated by the Company;ii) To preserve the Company's economic and financial sustainability, the impact on its revenue should be offset by reducing expenses, and through budget adjustments;iii)  Submit the matter to be ratified by the Company's Board of Directors, the competent body to resolve on the subject and, subsequently; andiv)  Not Show less Read more
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