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 regional corporation specializing in engineering and construction services, infrastructure and energy concessions, and real estate management. Based in Lima, Peru, Aenza operates through various sectors to drive sustainable growth and innovation in Latin America.
Aenza's core business involves the design, construction, operation, and maintenance of complex projects, including highways, bridges, and water treatment plants. The company is also active in the energy sector, focusing on renewable energy projects that contribute to the region's energy transition goals. In real estate, Aenza manages and develops residential, commercial, and industrial properties, leveraging its extensive experience and market knowledge.
In recent developments, Aenza has taken significant steps to streamline its operations and focus on its primary markets. On May 15, 2023, the company filed its annual report on Form 20-F for the year ended December 31, 2022, with the U.S. Securities and Exchange Commission (SEC). This filing is available on the company's website and provides a comprehensive overview of its financial performance and strategic initiatives.
Furthermore, Aenza's Board of Directors approved the intention to delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) on November 1, 2023. This decision followed a thorough evaluation of the limited trading volume of its ADSs and the significant costs associated with maintaining the listing. By concentrating its equity trading on the Lima Stock Exchange, Aenza aims to increase liquidity and reduce operational complexities.
Despite the delisting, Aenza remains committed to maintaining transparent communication with its shareholders and investors. The company continues to provide detailed financial statements and updates on its website, ensuring that stakeholders have access to timely and accurate information.
Overall, Aenza S.A.A. stands as a pivotal player in the regional market, driving infrastructure development, energy innovation, and real estate management with a focus on sustainability and efficiency.
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
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.
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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