Shell's Common Share Stake in Raízen Falls to 42.05% From 50% After Conversion
Bitget2026/10/30 02:38- Raízen received notification on October 29, 2026, that Shell converted 1,233,921,244 common shares into an equal number of preferred shares.
- Shell's common shareholding fell to 3,262,865,048 shares, or 42.05%, from 4,496,786,292 shares, or 50%.
- Its preferred shareholding rose to 1,294,732,069 shares, or 50%, from 60,810,825 shares, or 4.49%.
- Shell's total holding remained unchanged at 4,557,597,117 shares, representing a 44.04% economic interest, with no share purchases or sales.
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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