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    Home»Economy»Banco do Brasil (BBAS3) proposes a stock split
    Economy

    Banco do Brasil (BBAS3) proposes a stock split

    Charlotte WhitmoreBy Charlotte WhitmoreDecember 8, 2023No Comments1 Min Read
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    Banco do Brasil (BBAS3) proposes a stock split
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    Posted at 8:54 AM

    Banco do Brasil (BBAS3) reported on Friday, December 8, that its board of directors, at a meeting held on December 7, agreed to refer the 100% share split proposal to the general meeting of shareholders for discussion. (BBAS3), thus allocating one (1) new share for each issued share.

    The bank stated that “the division will increase the number of issued shares without changing BB’s ownership rights and the shareholder participation rate, and will be implemented after the approval of the general meeting of shareholders.”

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    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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