Edition:
India

Companhia Energetica de Minas Gerais CEMIG (CMIG3.SA)

CMIG3.SA on Sao Paulo Stock Exchange

14.45BRL
3 Dec 2020
Change (% chg)

-- (--)
Prev Close
R$ 14.45
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,632,971
52-wk High
R$ 17.96
52-wk Low
R$ 7.47

Latest Key Developments (Source: Significant Developments)

Brazil's Cemig has cut 2020 investments by 13%, not seeing asset sale need - exec
Monday, 18 May 2020 

May 18 (Reuters) - Companhia Energetica de Minas Gerais CEMIG ::BRAZIL'S CEMIG SAYS IT HAS CUT INVESTMENTS FOR 2020 BY 13% - EXECUTIVE.BRAZIL'S CEMIG SAYS IT HAS DELAYED 266 MILLION REAIS IN 2020 INVESTMENTS - EXEC.BRAZIL'S CEMIG FACES EXCHANGE RATE RISKS AND WILL TAKE STEPS TO REDUCE ITS EXPOSURE DURING THE PANDEMIC - CFO.CEMIG BEGAN A PROGRAM OF BUYOUTS IN MAY AND EXPECTS "PAYBACK" IN 8 MONTHS - EXECUTIVE.CEMIG SHOULD BE ABLE TO REDUCE LEVERAGE IN 2020 WITHOUT SELLING ASSETS AT THIS TIME, BY CUTTING COSTS AND WITH GOVERNMENT SUPPORT - CFO.  Full Article