1. Board resolution date: 115/07/10 2. Reason for capital reduction: To adjust capital structure and return capital to shareholders based on operational needs. 3. Amount of capital reduction: BRL 340,000,000. 4. Number of shares to be cancelled: 340,000,000 shares. 5. Capital reduction ratio: 61.88%. 6. Capital after reduction: BRL 209,469,000. 7. Scheduled shareholders' meeting date: 115/07/10. 8. Expected number of listed common shares after capital reduction: Not applicable. 9. Ratio of listed common shares to total issued common shares after reduction: Not applicable. 10. Measures for low share liquidity if post-reduction listed shares are less than 60 million and less than 25%: Not applicable. 11. Capital reduction benchmark date: To be finalized upon approval and registration by local regulatory authorities. 12. Other disclosures: (1) ACBZ's resolution was approved by shareholders' meeting in lieu of board of directors. (2) ACBZ is an important subsidiary indirectly 100% owned by ASUS.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: ACBZ IMPORTACAO E COMERCIO LTDA.
- Dates in source: 115/07/10