StockWatch
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Water Supply
SplitApr 29, 2026, 06:07 AM

SBS Shareholders Approve 1:5 Stock Split

AI Summary

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) announced that its Extraordinary General Meeting approved a 1:5 stock split for all common shares. Each existing common share will now represent five common shares, without altering the company's share capital. As a result, the company's share capital will be divided into 3,524,534,025 common shares. Shares will trade ex-split from April 29, 2026, with new shares credited to shareholders on April 30, 2026, and reflected in positions by May 4, 2026.

Key Highlights

  • Shareholders approved a 1:5 stock split for all common shares.
  • Each common share will now represent 5 common shares.
  • Company's share capital will be divided into 3,524,534,025 common shares.
  • Shares will trade ex-split starting April 29, 2026.
  • New shares credited to shareholders on April 30, 2026.
  • New shares reflected in positions by May 4, 2026.
  • No change to the company's share capital.