Cemig approves dividends and share bonuses; proceeds from Taesa and Vivara and more

The corporate radar this Tuesday (30) features Cemig (CMIG4), which approved dividends and a capital increase with bonuses for shareholders. In addition to Cemig, Taesa, Vivara, Wiz, Bradespar, SLC and more companies approved distribution of earnings.

Meanwhile, the Court approved Casas Bahia’s request for extrajudicial recovery.

Petrobras (PETR4) produced 2.78 million barrels of oil per day in the 1st quarter, an increase of 3.7%

Regarding the balance sheet season, Santander (SANB11) made a profit of R$3.02 billion in the first quarter, an annual increase of 41.2%. Kepler Weber’s net profit increased 2% in the first quarter, to R$52.2 million. Copasa (CSMG3) made a profit of R$351.6 million in the first quarter, an annual increase of 4.1%. Isa Cteep (TRPL4) had a net profit of R$409.2 million in the 1st quarter, an annual increase of 33.7%.

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Cemig (CMIG4) approved, at an ordinary and extraordinary general meeting held this Monday (29), the increase in share capital from R$11 billion to R$14.3 billion, through share bonuses.

The company also approved the payment of R$533.1 million in dividends, equivalent to R$0.2422 per share. Cemig also ratified the equivalent of R$2.6 billion in the form of interest on equity (JCP), previously disclosed throughout the previous year.

The Taesa meeting (TAEE11) allocated R$390 million in mandatory minimum dividends, equivalent to R$1.13290174883 per Unit. Payment will occur on May 16, 2024 based on the shareholding position on May 3, 2024.

Vivara (VIVA3) approved the payment of dividends in the total amount of R$87.69 million, corresponding to R$0.37285407231 per common share. Dividends will be paid to shareholders on May 28

B3 informed that Luiz Masagão Ribeiro Filho will join in the second half of 2024 to take over management of B3’s Products and Customers area. Currently, this unit is under the responsibility of Vice-President Juca Andrade, who will leave the Company’s leadership team, after a role transition process, to dedicate himself to personal projects.

Kepler Weber (KEPL3)

Kepler’s net profit reached R$52.2 million in the first quarter of 2024, registering an increase of 2.0% compared to the first quarter of 2023.

Intelbras (INTB3)

Intelbras recorded net profit in the first quarter of R$153.9 million, which represents a positive variation of 16.6% in relation to the same period of the previous year.

Casas Bahia (BHIA3)

The 1st Bankruptcy and Judicial Reorganization Court of the São Paulo Court of Justice approved this Monday (29) the request for extrajudicial recovery of the Casas Bahia retail chain (BHIA3), which cites debts of R$4.1 billion.

Bradespar (BRAP4)

Bradespar (BRAP4) approved the payment of Complementary Dividends, in the amount of R$310 million, being R$0.740550903 per common share and R$0.814605993 per preferred share.

Additionally, the Board of Directors approved the board’s proposal to pay R$ 140 million, as dividends, which will be paid in the amount of R$ 0.334442343 per common share and R$ 0.367886577 per preferred share.

SLC approved the payment of dividends in the amount of R$389.1 million, corresponding to 50% of the controlling company’s adjusted net profit, of which R$24 million has already been distributed in advance.

Sanepar informed that the payment of Interest on Equity approved on 06/27/2023 and 12/14/2023 will be made on June 27, 2024.

Wiz (WIZC3) approved the distribution of JCP corresponding to the total gross value of R$ 26.6 million, or R$ 0.16597104176 per share, ex-treasury. The distribution of dividends corresponds to the total value of R$ 12,836,210.39, or R$ 0.08027290081 per share.

Blau (BLAU3) approved the distribution of dividends to the company’s shareholders, in the amount of R$2.5 million, corresponding to R$0.01398342 per common share. Dividends will be paid to the Company’s shareholders until December 31, 2024.

Petrobras (PETR4)

Petrobras (PETR4) produced 2.776 million barrels of oil equivalent per day (boed) in the first quarter of 2024 (1Q24), an increase of 3.7% compared to production in the same period of the previous year (1Q23).

Copasa (CSMG3) reported net profit of R$351.6 million in the first quarter of 2023 (1Q24), an amount 4.1% higher than that reported in the same period in 2023, the company reported this Monday (29).

Copasa, in a meeting held on April 26th, approved the distribution of extraordinary dividends in the amount of R$300 million. The value per share is R$0.79117798. Payment will be on May 10th with a base date of April 26th.

Sequoia Logística (SEQL3)

The shareholders of Sequoia Logística (SEQL3) approved this Monday (29) the reverse split of all 389,648,916 common shares issued by the company, at the rate of 20 shares to form 1 new share, without changing the value of the share capital.