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Aenza S.A.A - AENZ STOCK NEWS

Welcome to our dedicated page for Aenza S.A.A news (Ticker: AENZ), a resource for investors and traders seeking the latest updates and insights on Aenza S.A.A stock.

Aenza S.A.A. (NYSE: AENZ, BVL: AENZAC1) is a leading Latin American corporation driving sustainable infrastructure, energy solutions, and real estate development across the region. This dedicated news hub provides stakeholders with verified updates directly from corporate filings and official communications.

Access consolidated information on strategic initiatives including engineering project milestones, financial disclosures, and sustainability efforts. Key updates cover operational developments in core sectors: infrastructure concessions, renewable energy projects, and real estate portfolio management.

All content is curated from primary sources including SEC filings, Lima Stock Exchange disclosures, and corporate announcements. Regular updates ensure investors maintain current awareness of material developments affecting Aenza's market position and regional growth strategy.

Bookmark this page for streamlined access to earnings reports, leadership updates, and project-specific announcements. For comprehensive understanding of Aenza's evolving role in Latin America's development, revisit frequently as new information becomes available through official channels.

Rhea-AI Summary
AENZA S.A.A. (AENZA) has announced its intention to voluntarily delist the American Depositary Shares (ADSs) representing its common shares from the New York Stock Exchange (NYSE). The decision is based on the company's significant operational changes, limited trading volume of the ADSs, and the substantial costs associated with maintaining the listing on the NYSE. AENZA believes that concentrating the trading of its equity in one market will potentially increase liquidity and reduce complexity. The company's common shares will continue to trade on the Lima Stock Exchange in Peru.
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AENZA S.A.A announces a change in the ADS Ratio from one (1) ADS to five (5) common shares to one (1) ADS to fifteen (15) common shares, effective on or about November 22, 2022. This change equates to a one-for-three reverse share split, requiring ADS holders to exchange three existing ADSs for one new ADS. The move aims to enhance the trading price of ADSs, although there are no guarantees of this outcome. Fractional new ADSs will not be issued, with cash distributed for fractional entitlements. The underlying common shares remain unaffected.

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AENZA S.A.A (NYSE:AENZ) has received a notice from the NYSE regarding non-compliance with the minimum average closing price requirement for its American Depositary Shares (ADSs). As of October 17, 2022, the average closing price was below $1.00 over a 30-day period. The company has six months to address this deficiency, during which it can regain compliance if its share price meets the required criteria. AENZA intends to change the ADS to ordinary shares ratio to rectify the issue and continues to monitor market conditions.

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AENZA S.A.A (NYSE: AENZ) filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. Securities and Exchange Commission on May 16, 2022. The report is accessible on the Company's website, providing comprehensive audited financial statements. Shareholders can request a hard copy of these statements at no cost. For further inquiries, investors are encouraged to contact the Investor Relations Department.

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Aenza S.A.A

NYSE:AENZ

AENZ Rankings

AENZ Stock Data

177.85M
79.80M
3.97%
0.01%
Engineering & Construction
Industrials
Link
Peru
Lima