Business Context and Reporting Period
This Form 6-K filing by Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR) covers a relevant event occurring in December 2018. The company, an Argentine electricity distribution and marketing firm, reports on the acquisition of its own American Depositary Receipts (ADRs) 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. It focuses exclusively on a specific share repurchase transaction.
| Transaction Date | Instrument | Quantity | Price (USD) | Gross Amount (USD) |
|---|---|---|---|---|
| December 11, 2018 | ADRs | 6,600 | 26.5177 | 175,016.82 |
Note: Each ADR represents 20 common shares of the Company.
Material Changes
The filing details a reduction in the company's outstanding share count through the open market purchase of 6,600 ADRs. No other material changes to operations or financial position are disclosed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The transaction was executed pursuant to Section 64 of Act No. 26,831 and rules of the Argentine Securities and Exchange Commission.
Investor Verification Checklist
- Verify the total number of ADRs repurchased by EDENOR under this specific authorization program.
- Confirm the current outstanding share count following this repurchase.
- Review the full text of the Relevant Event published on December 4, 2018, for the Board's original authorization details.
- Check subsequent filings for additional repurchase activity or changes in the company's capital structure.