CPFL Energia SA
BOVESPA:CPFE3
CPFE3's latest stock split occurred on May 2, 2016
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, CPFE3 traded at 19.85 per share. Afterward, the share price was about 12.5395.
The adjusted shares began trading on May 2, 2016. This was CPFE3's 3rd stock split, following the previous one in Apr 30, 2015.
CPI
CPFL Energia SA
Glance View
Once upon a time, nestled in the vibrant economic landscape of Brazil, CPFL Energia SA emerged as a pivotal player in the energy sector. Founded in the early 20th century, it rapidly grew to dominate the electricity distribution market. Today, as one of Brazil's largest private utility companies, CPFL Energia operates with a sophisticated model, primarily focusing on the distribution, generation, and commercialization of electricity. Its extensive distribution network stretches across various states, serving millions of residential, commercial, and industrial customers who rely on its extensive infrastructure for their daily power needs. This integration across the electricity value chain not only reinforces its market position but also drives significant revenue streams for the company. The heartbeat of CPFL Energia’s operations lies in its ability to generate electricity using a diverse portfolio of energy sources. This includes conventional thermal power and a growing emphasis on renewable energy—one of the key trends reshaping the energy landscape globally. Hydroelectric power has traditionally been its backbone; however, CPFL Energia is increasingly investing in wind farms and solar projects to harness Brazil's abundant natural resources and reduce its carbon footprint. By investing in sustainable technologies and expanding its renewable energy capabilities, CPFL ensures it remains at the forefront of the industry. As electricity demand continues to grow alongside Brazil's economic development, CPFL Energia profits not only through the sale of electricity but also through strategic investments in sustainable energy, thereby securing its future while contributing to a greener planet.
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