Gerdau Plans Bylaw Amendment to Reflect Cancellation of 277,600 Common Shares

Bitget2026/10/26 21:24

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Gerdau will seek shareholder approval to amend Article 4 of its bylaws to reflect the cancellation of 277,600 common shares.
The board approved the cancellation on October 26, 2026, with no reduction in share capital.
Following the cancellation, share capital comprises 716,698,119 common shares and 1,261,042,330 preferred shares, all without par value.
A shareholders' meeting will be called to vote on the amendment.
The share buyback plan disclosed on February 23, 2026, remains in effect.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gerdau Plans Bylaw Amendment to Reflect Cancellation of 277,600 Common Shares

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