April 27, 2021 |
Paraná state-owned power company Copel saw the price for its newly created units drop 0.62% to BRL32.10 ($5.90) on the first day of trading on the B3 stock exchange in São Paulo on Monday.
Cope'’s board of directors approved the formation of the companys first units – each with one common share and four preferred shares – under the ticker CPLE11 on Friday.
Non-controlling shareholders converted their shares into 248 million units and the government of Paraná converted shares into 29 million unit
Paraná state-owned power company's units slip 0.62% on the first day of trading