Grupo Casas Bahia issues 37,895,611 shares in BRL 140.59 million debenture conversion
Reuters2026/07/18 01:53By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Grupo Casas Bahia lifted share capital by BRL 140.59 million via conversion of 37,895,611 2nd-series mandatorily convertible debentures into common shares.
- Issued 37,895,611 new common shares at 1 share per debenture; BRL 14.06 million booked to share capital, remainder to capital reserve.
- Share capital rose to BRL 7.14 billion from BRL 7.12 billion; outstanding common shares increased to 1,013,760,396 from 975,864,785.
- Conversion requests were received June 1-30, 2026; proportional allocation applied because requests exceeded the period’s mandatory conversion limits.
- Transaction excluded preemptive rights; new shares rank pari passu with existing common stock, including dividends declared from the conversion date.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grupo Casas Bahia SA published the original content used to generate this news brief on July 17, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
REGENERON PHARMACEUTICALS, INC. <REGN.O>: LEERINK PARTNERS RAISES TARGET PRICE TO $824 FROM $641
Reuters•2026/08/17 10:20
MADISON SQUARE GARDEN SPORTS CORP. <MSGS.N>: CITIGROUP RAISES TARGET PRICE TO $415 FROM $360
Reuters•2026/08/17 10:14
FEDERAL SIGNAL CORP <FSS.N>: CITIGROUP INITIATES COVERAGE WITH BUY RATING; PRICE TARGET $150
Reuters•2026/08/17 10:13
Crypto prices
MoreBitcoin
BTC
$63,260.6
+0.54%
Ethereum
ETH
$1,891.22
+0.71%
Tether USDt
USDT
$0.9989
+0.00%
USDC
USDC
$0.9998
-0.00%
XRP
XRP
$0.9960
-0.20%
Solana
SOL
$75.28
+0.18%
TRON
TRX
$0.3323
+0.41%
Hyperliquid
HYPE
$59.17
+3.17%
Dogecoin
DOGE
$0.07015
+0.70%
Zcash
ZEC
$509.25
+4.97%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now