Brazilian companies announce dividends, financing moves and market activity
On June 17, listed Brazilian firms disclosed several corporate actions. WEG approved the distribution of R$438.1 million in interest on capital (JCP) and Alupar announced a R$69.2 million dividend. PRIO opened a fourth producing well in the Wahoo field, targeting 10 000 barrels per day. Jalles Machado reported a net loss of R$50.9 million in the fourth quarter of the 2025/26 sugar‑ethanol season, a sharp increase from the prior year. Raízen is in negotiations with private‑equity firm IG4 to acquire creditor stakes and potentially gain control of the sugar‑ethanol producer. B3 recorded a 16.8 % year‑on‑year rise in average traded financial volume in May, and Telefônica Brasil approved the absorption of its fiber subsidiary Fibrasil.
A day later, further dividend and governance updates were released. Embraer approved a R$200 million JCP, Lojas Renner declared a R$220.4 million JCP, Cemig approved a R$630.5 million JCP and Copasa announced a R$142.5 million JCP. Banrisul finalized a renegotiated payroll‑service contract for the Rio Grande do Sul state government, valued at R$1.23 billion. B3 announced that Vice‑President of Technology Rodrigo Nardoni will leave the company at the end of June. Sanepar elected Ozires Kloster as CFO. Armac signed a new 30‑year shareholders’ agreement. A SoftBank‑linked investor reduced its stake in Dotz to 4.94 %, Vittia completed a small‑share auction, and Banco Bmg signed an amendment to its shareholders’ agreement.