Dividends & Buybacks ·
AXIA Energia S.A.'s Board approved a second redemption of 37,237,014 Class C Preferred Shares (PNC), totaling R$ 2.0…
EBR-BBrazilian Electric Power Co
AXIA Energia S.A.'s Board approved a second redemption of 37,237,014 Class C Preferred Shares (PNC), totaling R$ 2.0 billion and representing 6.14% of the outstanding class. The redemption value is R$ 53.71 per share, based on the closing price of common shares on August 5, 2026. Holders may elect to convert PNCs into common shares at a one-to-one ratio between August 12 and 14, 2026; otherwise, shares are automatically redeemed. The B3 record date is August 7, 2026, with ex-rights trading commencing August 10, 2026. Conversion into common shares occurs on August 18, 2026, and redemption payments are scheduled for August 24, 2026. ADR holders will be mandatorily redeemed without conversion options. AXIA Energia S.A. operates in the Brazilian electric power generation industry.