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
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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
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SBS
News
- Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE: SBS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE: SBS) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "strong-buy" rating.MarketBeat
SBS
Earnings
- 8/9/24 - Beat
SBS
Sec Filings
- 12/6/24 - Form 6-K
- 11/29/24 - Form 6-K
- 11/29/24 - Form 6-K
- SBS's page on the SEC website