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stock split by 50%

Our common and preferred shares were split by 50% on November 26, 2018. Accordingly, the stockholders received, for free, a new share for every two shares of the same kind that they owned. It is worth noting that the monthly dividends were maintained at R$0.015 per share, so that the total amounts paid on a monthly basis to the stockholders have been increased by 50% since January 2, 2019.

Schedule of the stages of the split:

Base date




Inclusion of new shares in the stockholding position


Transfer of shares

11/26/2018 to 12/26/2018

Monthly payment with a 50% bonus


Bidding of share fractions


Payment of share fractions


For further information, please visit:

Material Fact: Proposal for the Split by 50% of the book-entry common and preferred shares issued by the Company

announcement to stockholders: 50% stock split: periods and instructions

announcement to Stockholders: Fractions of shares resulting from the 50% stock split

Podcast on Stock Splits