The Company's Extraordinary General Meeting held on September 19th, 2019 approved the resolution on the split of shares issued by IRB Brasil RE, without any change in its capital stock.
Each share issued by the Company split into three (3) shares.
The number of common shares in which the Company’s capital was divided went from 312,000,000 to 936,000,000 shares.
The shares resulting from the approved split fully grant their holders the same rights as the existing common shares, including in relation to the distribution of dividends and / or interest on capital and any capital remuneration that may be distributed by the Company.
Stock split timeline:
|Record Date||Ex-split date||Credit to shareholders|
|Sep 25, 2019||Sep 26, 2019||Sep 30, 2019|
The shares issued by IRB Brasil RE are now traded “ex-split” as of September 26, 2019, considering the shareholding position with record date of September 25, 2019.
The shares resulting from the split stock were credited to shareholders on September 30, 2019.
Documents related to the stock split: