Corporate ActionAug 4, 2026, 05:23 PM
Gerdau S.A. Cancels 7.1M Shares; Declares Dividends
AI Summary
Gerdau S.A. announced the cancellation of 163,100 common shares and 6,975,000 preferred shares, without reducing capital, as part of its ongoing share buyback plan. This action results in a new capital structure of 716,975,719 common shares and 1,261,042,330 preferred shares. Additionally, Gerdau S.A. and Metalúrgica Gerdau S.A. declared dividend payments for the current fiscal year.
Key Highlights
- Gerdau S.A. cancelled 163,100 common shares (GGBR3).
- Gerdau S.A. cancelled 6,975,000 preferred shares (GGBR4).
- Company's capital is now divided into 716,975,719 common shares and 1,261,042,330 preferred shares.
- Gerdau S.A. declared R$0.23 per share dividend, payable September 11, 2026.
- Gerdau S.A. (ADR) declared R$0.23 per share dividend, payable September 18, 2026.
- Metalúrgica Gerdau S.A. declared R$0.11 per share dividend, payable September 14, 2026.
- The previously disclosed share buyback plan remains in effect.
Price Impact
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