Méliuz and Mercedes-Benz announce major capital restructuring moves

Méliuz has announced a proposal to reduce its capital by R$ 160 million, stating that its current social capital is significantly higher than what is required for its operational and strategic needs. The company operates under an ‘asset light’ model with no onerous debt and minimal capital expenditure requirements. The administration intends to transfer these funds to a capital reserve to better manage its capital structure. This proposal, approved by the board, awaits investor approval at an extraordinary general meeting scheduled for September 25, 2026. The company noted that recent losses were primarily due to impairment recognition regarding its Bitcoin holdings, which did not impact cash flow.

Mercedes-Benz is launching a share buyback program of up to 1 billion euros (approximately US$ 1.2 billion) to return capital to shareholders. The program, which began on September 1, is expected to conclude by April 6, with the acquired shares to be subsequently canceled. This move comes as the automaker faces declining sales in China and increased competition in the electric vehicle and software sectors. While the company is implementing cost-reduction measures and production adjustments, CEO Ola Källenius is also overseeing a product offensive featuring new models like the CLA sedan and GLC electric SUV.