EDENOR Form 6-K Summary: December 2018
Business Context and Reporting Period
This Form 6-K filing by Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR) reports a relevant event for the month of December 2018. The document details a share repurchase transaction executed on December 14, 2018, following Board of Directors approval 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 the specific share repurchase transaction:
- Shares Acquired: 11,924 American Depositary Receipts (ADRs), representing 238,480 common shares (20 shares per ADR).
- Price per ADR: $26.4527 USD.
- Total Gross Amount: $315,421.99 USD.
- Broker: SBS Trading S.A.
Material Changes
The filing reports a reduction in the company's outstanding share count due to the acquisition of own shares. 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, outlook, or discussion of risks and contingencies. The transaction was conducted 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 treasury shares held by EDENOR following this transaction.
- Confirm the remaining authorized share repurchase program limits, if any.
- Review the full annual report (Form 20-F) for comprehensive financial performance data not included in this 6-K.