Corporate news on Friday (26th) highlights Itaú Unibanco (ITUB4) that has agreed to a buyback program for up to 75 million preferred shares of its own issue. In addition, the Board of Directors of Raízen Corporation (RAIZ4) has approved the eighth bond issuance in the amount of R$2 billion.
Meanwhile, Prio, a former PetroRio (PRIO3), has resumed production at Campo de Frade, in the Campos Basin.
Lavvi (LAVV3) and Camil (CAML3) have agreed to pay dividends to shareholders.
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Itaú Unibanco (ITUB4) has approved a share buyback program, which will take effect from Thursday (25), allowing the acquisition of up to 75 million preferred shares of its own issue, without capital reduction, into a holding. In the treasury, cancellation or exchange in the market.
Acquisitions, if made, will take place on the stock exchange from 08.25.2022 to 02.24.2024, at market value.
Prio, a former PetroRio (PRIO3), announced that production has resumed at Campo de Frade, in the Campos Basin.
Production was suspended on August 15 due to a failure in FPSO’s inert gas line.
The Board of Directors of Raízen (RAIZ4) has approved the eighth bond issuance in the amount of R$2 billion.
The net resources obtained will be fully and exclusively allocated to the company’s activities related to the agribusiness, as a rural producer, thus understanding the operations, investments and financing needs related to sugarcane cultivation, marketing, processing or processing of raw materials. agricultural products or inputs.
The Board of Directors of Lavvi Corporation approved the distribution of interim and interim dividends in the amount of R$ 60 million, R$ 0.30700846287 for each ordinary share issued by the company.
Shareholders of the Company will be entitled to dividends on the base date of August 30, 2022.
Dividend will be paid on September 9, 2022.
Camil’s Board of Directors has agreed to pay interest on equity (JCP) in the aggregate amount of R$25 million, which equates to a total unit value of R$0.070584263 per common share.
All shareholders who own ordinary shares issued by the company on the base date of September 1, 2022 are entitled to the JCP.
JCP will be paid on September 13, 2022.
Eletrobras (ELET3; ELET6) has closed the Special Purpose Association (SPE) Construtora Integração, which was set up in October 2010, the company said Thursday.
The objective of the SPE was to build a DC ± 600 kV Porto Velho – Araraquara transmission line, awarded to Norte Brasil Transmissora de Energia (NBTE). The activities of the association were completed in 2014.
Assets holds a stake in Abengoa (51%) and Eletrobras subsidiary Eletronorte (49%).
3R Petroleum (RRRP3)
Fitch Ratings has, for the first time, assigned the national long-term rating of “A (bra)”, with a stable outlook, to 3R Petroleum (RRRP3) and issued the proposed second bond, in a total amount of R$600 million, for a period of three years, it announced.
“The 3R ratings reflect the volatility of oil and gas prices, their limited geographic diversity and modest production volume, although this is expected to increase substantially in 2023, following the acquisition of Potiguar Pole,” the agency said in a report.
IMC (MEAL3) has agreed to sell its indirect subsidiary to IMC F&B, located in the Federal Republic of Panama.
The sale of the assets includes the operating right and license to Carl’s Jr. In Panama, another important step is taken in the business transformation and simplification agenda, which aims to derive greater synergy between existing operations and reduce management complexity.
Energisa reported that energy consumption rose 4.1% year-on-year in July to 3,014.3 gigawatt-hours (GWh).
Agrogalaxy has agreed to appoint Sheila Maria Pereira Albuquerque as the company’s new CEO (Chief Executive Officer) effective September 1, as well as appoint Welles Clóvis Pascoal to the position of Director without a specific appointment, in order to remain in the company’s management, supporting the transition of the new CEO until 12/ 31/2022.
Agrogalaxy’s Board of Directors, at the same meeting, appointed Welles Clóvis Pascoal to form the Board of Directors, which will be formally dissolved in due course under the terms of the Company’s Bylaws.
Streak Drogasil (RADL3)
The BlackRock director reduced his shareholding in the company, and now owns 82,082,955 common shares (equivalent to approximately 4.968% of the total shares) and 3,172,595 derivative financial instruments referred to as cash-settled common shares, representing approximately 0.192% of the total The number of ordinary shares issued by the company.
VKR Fundo de Investimento Multimercado Crédito Privado Longo Prazo said it has reduced its stake in PDG, which now owns 25,162,326 common shares, equal to 44.8% of the company’s share capital.
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