|Bid||45.67 x 0|
|Ask||45.86 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||29.31|
|Earnings Date||Nov 11, 2020|
|Forward Dividend & Yield||0.77 (1.65%)|
|Ex-Dividend Date||Apr 25, 2022|
|1y Target Est||64.24|
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Brazil's electricity company Eletrobras offered on Friday a voluntary buyout to well over 2,000 people representing roughly 22% of its workforce, in a first major cost cutting move following its privatization. Centrais Eletricas Brasileiras SA, as the company is formally known, said the voluntary layoff program will apply to 2,312 employees and will cost up to 1 billion reais ($189 million). In a securities filing, Eletrobras said the program is a measure to streamline its costs and expenses and it expects to recoup the money it spends in around 11 months.
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