Axia Energia to convert 10,259,192 preferred shares into common stock

Reuters2026/08/17 21:13

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Axia Energia will convert 10,259,192 class C preferred shares (PNC) into common shares (ON) on Aug. 18, 2026.
Redemption, cancellation of 37,174,293 PNC shares set for Aug. 24, 2026, with cash settlement on the same day.
ADR holders to receive the redemption proceeds within seven business days following Aug. 24, 2026.
Post-transaction share capital: 2,347,248,487 ON shares; 569,057,002 PNC shares; one government golden share.

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. Axia Energia SA published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.

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.

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Axia Energia to convert 10,259,192 preferred shares into common stock

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