StockWatch
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Major Banks
Rights IssueJul 30, 2026, 06:08 AM

BANK BRADESCO Approves BRL 10B Capital Increase

AI Summary

BANK BRADESCO's Board of Directors approved a capital increase of up to BRL 10 billion through a private subscription of shares, with a minimum subscription of BRL 8 billion. This move aims to strengthen the company's capitalization and support strategic investments in technology, commercial efficiency, business expansion, and sustainable finance. To facilitate shareholder participation, the company will advance the payment of BRL 6.5 billion in Interest on Shareholders' Equity to September 15, 2026, allowing shareholders to offset these credits against their subscription payments.

Key Highlights

  • Approved capital increase of up to BRL 10 billion, with a minimum of BRL 8 billion.
  • Capital stock to increase from BRL 93.77 billion to BRL 103.77 billion.
  • Issuance of up to 302.88 million new common shares and 301.98 million new preferred shares.
  • Issue price set at BRL 15.43 per common share and BRL 17.64 per preferred share.
  • Preemptive rights exercise period from August 6 to September 4, 2026, at a 5.72% ratio.
  • Advance payment of BRL 6.5 billion in Interest on Shareholders' Equity by September 15, 2026.
  • Expected increase of 0.9 percentage points in the Common Equity Ratio.
  • Controlling shareholders committed to subscribe for up to BRL 8 billion of new shares.