EDP Energias de Portugal SA
ELI:EDP
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EDP's latest stock split occurred on Jul 21, 2020
The company executed a 971-for-949 stock split, meaning that for every 949 shares held, investors received 971 new shares.
Before the split, EDP traded at 4.642 per share. Afterward, the share price was about 4.1962.
The adjusted shares began trading on Jul 21, 2020. This was EDP's 3rd stock split, following the previous one in Nov 9, 2004.
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EDP Energias de Portugal SA
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EDP Energias de Portugal SA, with its roots tracing back to the late 20th century, has grown into a powerhouse in the global energy sector, symbolizing Portugal's industrial ambition and sustainable vision. As a vertically integrated utility company, EDP operates across the entire energy value chain, from generation to distribution and marketing. The heart of its operations lies in its renewable energy endeavors, as the company strategically pivots towards sustainability by investing heavily in wind, solar, and hydropower resources. EDP is one of the world’s largest wind power producers, with its subsidiary, EDP Renováveis, playing a pivotal role in expanding the company's renewable footprint across Europe, North and South America, and more recently, the Asia-Pacific region. Generating revenue through a balanced mix of renewable and conventional energy sources, EDP ensures financial stability and growth by diversifying its investments geographically and technologically. It earns money by distributing electricity and natural gas to millions of customers, alongside selling power generated by its extensive portfolio of power plants. In addition to its operational efficiencies, the company is keenly focused on digital transformation, leveraging smart grids and data analytics to optimize energy distribution, reduce costs, and enhance customer service. This agile approach ensures EDP remains competitive in the rapidly evolving energy landscape, where innovation and sustainability are crucial drivers.
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