EDENOR Form 6-K Summary: March 2019
Business Context and Reporting Period
This Form 6-K filing by Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR) covers the month of March 2019. The report discloses a relevant event regarding the acquisition of the company's own shares, approved by the Board of Directors on December 4, 2018.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to a specific share repurchase transaction:
- Shares Acquired: 19,300 American Depositary Receipts (ADRs), representing 386,000 common shares (20 shares per ADR).
- Transaction Date: February 4, 2019.
- Price per ADR: $29.1156 USD.
- Total Gross Amount: $561,931.08 USD.
- Broker: SBS Trading S.A.
Material Changes
The filing reports a reduction in the company's outstanding share count due to the buyback of 19,300 ADRs. No other material changes to operations or financial position are detailed in this specific document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies. The document is strictly a notification of a completed share repurchase transaction in compliance with Argentine Securities and Exchange Commission rules.
Key Facts for Investor Verification
- Verify the total number of ADRs remaining in the treasury post-acquisition.
- Confirm the impact of this buyback on the company's total outstanding share count.
- Check subsequent filings for any further share repurchase activity or changes in capital structure.
- Note that this filing does not contain quarterly or annual financial performance data.