MergerApr 29, 2026, 10:51 AM
ITUB Shareholders Approve Banco Itaucard Merger & Bylaws Amendments
AI Summary
Itau Unibanco Holding S.A. announced that its Extraordinary General Stockholders' Meeting, held on April 28, 2026, approved the merger of Banco Itaucard S.A. into the Company. Shareholders also ratified the appointment of PricewaterhouseCoopers Auditores Independentes Ltda. as the appraiser for Banco Itaucard S.A.'s net worth and approved the related Appraisal Report. Additionally, significant amendments to the Company's Bylaws were approved, including changes to Article 3 regarding capital composition and Article 9.1 to increase the maximum number of Board of Officers members to sixty.
Key Highlights
- Shareholders approved the Protocol and Justification for the merger of Banco Itaucard S.A. into Itau Unibanco Holding S.A.
- Ratification of PricewaterhouseCoopers Auditores Independentes Ltda. as the appraiser for Banco Itaucard S.A.'s net worth was approved.
- The Appraisal Report for Banco Itaucard S.A. as of December 31, 2025, was approved.
- The merger of Banco Itaucard S.A. into the Company, without an increase in the Company's capital stock, was approved.
- Management was authorized to perform all acts and sign documents for the implementation of the approved resolutions.
- Amendment to Article 3 of the Bylaws to reflect the new subscribed and paid-in capital composition was approved.
- Amendment to Article 9.1 of the Bylaws to modify the maximum number of Board of Officers members to sixty (60) was approved.
- Consolidation of the Bylaws to reflect all approved amendments was approved.