AGM/EGMMay 19, 2026, 04:28 PM
Nexa Resources to Increase Authorized Share Capital to $800M
AI Summary
Nexa Resources S.A. announced its Annual and Extraordinary General Meetings of Shareholders to be held on June 25, 2026. Key proposals include the approval of 2025 financial statements, a share premium reimbursement of approximately $17.5 million ($0.132136 per share), and the reelection of nine directors. The Extraordinary General Meeting will seek to increase the authorized share capital from $231.9 million to $800 million. Additionally, the Board will be authorized to limit or cancel preferential subscription rights for future share issuances.
Key Highlights
- Shareholders to vote on increasing authorized share capital from $231.9M to $800M.
- Board to be authorized to limit/cancel preferential subscription rights for new shares.
- Share premium reimbursement of approx. $17.5M ($0.132136 per share) proposed.
- Nine current directors nominated for reelection until the 2028 AGM.
- 2026 Board remuneration of $2,310,000 proposed; 2025 remuneration of $2,300,000 ratified.
- PricewaterhouseCoopers proposed as statutory auditor until 2027 AGM.
- Amendments to articles of association to remove TSX references due to delisting.
Price Impact
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