StockWatch
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Corporate ActionJun 10, 2026, 05:16 PM

Suzano Board Approves R$14.57M Capital Increase from Tax Incentive

AI Summary

Suzano S.A.'s Board of Directors unanimously approved a capital increase of R$14,573,653.80. This increase stems from the release of funds from a tax incentive reserve account granted by SUDENE. The company's share capital will now rise from R$24.27 billion to R$24.28 billion, maintaining the same number of common shares. The board also proposed an amendment to the company's bylaws to reflect this new capital amount, pending approval at the next general shareholders' meeting.

Key Highlights

  • Board approved a capital increase of R$14,573,653.80.
  • Increase derived from a tax incentive reserve account related to SUDENE.
  • Company's share capital increased from R$24,269,281,424.63 to R$24,283,855,078.43.
  • Total common shares remain 1,264,117,615.
  • Proposal to amend Article 5 of bylaws to reflect new capital amount.