Recent Updates — GGB
Gerdau S.A. and its affiliates entered into a new Senior Unsecured Global Working Capital Credit Agreement with a total capacity of US$1.125 billion, replacing an existing facility of US$875 million. This transaction represents a 29% increase in total availability for the companies. The five-year credit facility is administered by Crédit Agricole Corporate and Investment Bank and includes participation from nine creditor banks: BBVA, Banco Santander, Bank of America, BNP Paribas, Citibank, CACIB, J.P. Morgan Chase, Mizuho Bank, and Natixis. The new agreement matures in August 2031 with an option to extend for one additional year. Gerdau S.A. operates in the steel manufacturing industry.
Gerdau S.A. completed the acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA) from Companhia Paranaense de Energia (COPEL). The transaction closed on August 6, 2026, following antitrust approval and satisfaction of conditions precedent. Gerdau paid R$150 million for the stake, plus R$719,205.75 for proportional consolidated cash, totaling a cash disbursement of R$150,719,205.75 funded by available resources. This move supports Gerdau’s decarbonization strategy by expanding renewable energy self-production to improve cost competitiveness. Gerdau S.A. operates in the steel industry.
Gerdau S.A. announced the approval of dividend payments for its fiscal year 2026. Metalúrgica Gerdau S.A. will pay R$ 0.11 per share, while Gerdau S.A. common and preferred shares will receive R$ 0.23 per share, with ADRs also receiving R$ 0.23 per share. Record dates are set for August 19 or 21, 2026, depending on the security, with payments scheduled between September 11 and 18, 2026. Additionally, the Board approved the cancellation of 163,100 common shares and 6,975,000 preferred shares without reducing capital, leaving 716,975,719 common and 1,261,042,330 preferred shares outstanding. The existing share buyback plan remains in effect. Gerdau S.A. operates in the steel industry, producing and distributing steel products globally.
Gerdau S.A. reported second-quarter 2026 results with steel shipments of 2.9 million tonnes and net sales of R$17.9 billion, both up sequentially. Adjusted EBITDA rose 15.9% to R$3.4 billion with a margin of 19.2%, while adjusted net income increased 44.7% to R$1.5 billion. The Board approved a dividend of R$0.23 per share, totaling R$451.3 million, payable on September 11, 2026, with a record date of August 19, 2026 and an ex-dividend date of August 20, 2026. Additionally, the company advanced its 2026 share buyback program to 31% completion, investing R$334 million, and cancelled approximately 7.1 million shares. Gerdau S.A. is a leading global producer of long and special steel with significant operations in Brazil, North America, and South America.
Gerdau S.A. completed the acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA) from Centrais Elétricas de Santa Catarina S.A. (CELESC) on July 20, 2026. The transaction was valued at an enterprise value of R$150 million. Including the proportional consolidated cash balance of R$3,909,192.64, the total cash disbursement was approximately R$154 million, funded through available resources. The acquisition aims to enhance cost competitiveness via expanded renewable energy self-production to support decarbonization goals. Gerdau S.A. is a steel company involved in metal manufacturing.