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20.20000 EUR
0.4
2.02%
Last update Sep 16, 8:02 AM CEST
Market closed
Day range
20.20000
20.20000
Previous close
19.80000
Open
20.20000
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Companhia de Saneamento Básico do Estado de ...
20.20
0.40
2.02%

Overview

Description

Companhia de Saneamento Básico do Estado de São Paulo ADR represents American Depositary Receipts for a leading water and sewage utility company based in São Paulo, Brazil. This ADR allows US investors to invest indirectly in Sabesp, as the company is commonly known, providing access to a pivotal component of Brazil's basic infrastructure sector without dealing with foreign exchanges directly. Sabesp is a publicly traded company responsible for water supply and sewage services across its state, crucial for maintaining public health and supporting regional economic development. Its operations impact both residential users and commercial sectors, serving millions of people in one of Brazil's most economically significant regions. As one of the largest water utility companies in the world, Sabesp plays a vital role in sustainable urban development and environmental conservation, contributing to Brazil’s strategic goals of expanding access to clean water and sanitation services. The ADR structure facilitates US investors' participation in this essential and impactful sector while offering a glimpse into Brazil’s infrastructure through the lens of an established utilities operator.

About

CEO
Mr. Carlos Augusto Leone Piani C.F.A.
Employees
9190
Address
Rua Costa Carvalho
No. 300 Pinheiros
São Paulo, 05429-900, SP
Brazil
Phone
55 11 3388 8201
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Water
Country
Germany
MIC code
XMUN
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Main market
08:00 - 20:00
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