Brazil 3tentos, Taesa, MRV, Cogna, Yduqs in JCP and other highlights

3tentos (TTEN3) said on Monday that it is moving forward with its national expansion plan by opening eight stores. The units are already operating in Rio Verde (GO), Goiatuba (GO), Jataí (GO), Santana do Araguaia (PA), Redenção (PA), Palmas (TO), Uberlândia (MG) and Uberaba (MG). New store openings are planned for the second half of the year. In total, 3tentos has 81 stores, spread across the states of Rio Grande do Sul (59), Mato Grosso (14), Goiás (3), Pará (2), Minas Gerais (2) and Tocantins (1). The operations are part of the company’s plan to expand its presence in key agricultural regions of the country, replicating in new markets the model already established in Rio Grande do Sul and Mato Grosso. At these units, the company provides technical assistance to farmers, sells seeds, fertilizers and agricultural pesticides, and also originates grains. Each unit has a structure that includes a commercial and administrative center integrated with an agricultural input distribution center, with an average investment of about R$ 2.2 million. “More than just opening new stores, we are bringing to these regions a complete ecosystem of solutions for the farmer, with proximity, qualified technical assistance and long-term relationships. Our goal is to replicate in these new regions the model that has established the company over its last 31 years,” said 3tentos CEO João Marcelo Dumoncel.

Taesa (TAEE4, TAEE11) said its board of directors, at a meeting held on Monday, elected José Reinaldo Magalhães as interim chairman of the board. José Reinaldo Magalhães has been a member of Taesa’s board of directors since April 2021, and was a member of the board of directors of Cemig (CMIG4) from April 2019 to April 2026.

MRV (MRVE3) announced on Monday the sale of the legacy properties Ten Oaks and Rayzor Ranch, both located in Texas, United States, for a total value of US$ 139 million (R$ 716 million). The transaction will be settled in July 2026, and these sales are guaranteed by a non-refundable deposit of US$ 12 million. This transaction represents a 7.5% reduction in MRV&CO’s consolidated net debt, of US$ 87 million (R$ 448 million), as well as a decrease of US$ 46 million (R$ 237 million) in minority interest, the company said. The sale of these properties occurs at a time of high interest rates in the United States and with expectations of further increases. Of Resia’s legacy projects, only the Memorial property remains, with a book value of US$ 109 million, which the company intends to sell in 2026. For the Golden Glades properties, with a book value of US$ 133 million, and North City, with construction nearly finished and not consolidated on the balance sheet, MRV projects an accounting profit on their sale. Since the announcement of the deleveraging plan in December 2024, the company has totaled US$ 380 million (R$ 2 billion) in assets sold. The company stressed that it is committed to completing the Resia divestment plan, as reaffirmed at the MRV Day, which will bring clear benefits in operational simplification, risk reduction and greater predictability of results and cash generation for MRV&CO.

The board of directors of Rede D’or (RDOR3), at a meeting held on Monday, approved the distribution of interest on equity (JCP) in a total gross amount of R$ 400 million, corresponding to R$ 0.18320141504 per common share. Payment will be made on July 8, 2026, and will be based on the final shareholding position on June 25, 2026 (record date). As of June 26, the common shares will be traded ex-interest on equity. Payment will be made at the net amount, after deducting withholding income tax according to current legislation.

Schulz (SHUL4) said that at a meeting held on Monday, it decided on the payment of interest on equity (JCP) in the total amount of R$ 26.5 million, which corresponds to R$ 0.077333123 (gross amount) per preferred share; and R$ 0.070302839 (gross amount) per common share. Holders of book-entry shares on June 25, 2026 are entitled to receive the payment. From June 26 onwards, the shares will be traded “ex-interest on equity.” Payment of the JCP will occur on October 28, 2026, and will be made at the net amount of R$ 0.063799827 per preferred share and R$ 0.057999843 per common share.

The board of directors of Azevedo & Travassos (AZEV3; AZEV4), at a meeting held on Monday, approved the reverse stock split of all common and preferred shares at a ratio of 20 shares for 1 share of the respective class. After the reverse split, the company’s share capital will remain at R$ 1,508,986,271.45, with no change in its amount. The shareholder position to be considered for the reverse split will be based on the closing position of the trading session on June 25, 2026. As of June 26, 2026, the company’s shares will be traded on B3 exclusively in grouped form, under the codes AZEV3 (common shares) and AZEV4 (preferred shares).

Cogna (COGN3) terminated the market maker services contract signed with Itaú. The company said on Monday that it signed a contract with BTG Pactual Corretora de Títulos e Valores Mobiliários to act as a market maker for its common shares traded on B3. The hiring of the new market maker aims to foster the liquidity of the shares, the educational company explained.

Yduqs (YDUQ3) said on Monday it is launching a new Ibmec campus in the city of Fortaleza, Ceará, scheduled for the first quarter of 2027. This will be the first Ibmec campus in the Northeast region of the country. With an estimated investment of R$ 10 million, the new unit will join Ibmec’s current operations, which include six units – two of which are still maturing (Faria Lima and Brasília) – and whose brand already represents 11% of the company’s consolidated EBITDA. The campus will open with an academic portfolio covering business, law and technology-related courses. According to Yduqs, the new unit will offer the possibility of a minimum six-month exchange program at the São Paulo unit, leveraging the synergy of Ibmec’s national network. “The project for the new Ibmec campus, aligned with Yduqs’ capital allocation strategy, contributes to the growth of the premium segment and the continuous generation of value for the shareholder,” the company said in a statement.

The record date to be entitled to the interest on equity from Embraer, announced on June 18, is Tuesday, June 23. As of Wednesday, June 24, the shares will be traded ex-JCP. The amount is R$ 0.28 per common share. The JCP will be paid on May 24, 2027. The record date to be entitled to the interest on equity from Copasa, announced on June 18, is Tuesday, June 23. As of Wednesday, June 24, the shares will be traded ex-JCP. The amount per share is R$ 0.37. Payment will be made on August 17, 2026. The record date to be entitled to the interest on equity from Cemig, announced on June 18, is Tuesday, June 23. As of Wednesday, June 24, the shares will be traded ex-JCP. The gross amount per share is R$ 0.22. Payment will be made in two equal installments. The first by June 30, 2027, and the second by December 30, 2027. Shareholders holding common shares (ON) and preferred shares (PN) are entitled. The record date to be entitled to the interest on equity from Lojas Renner, announced on June 18, is Tuesday, June 23. As of Wednesday, June 24, the shares will be traded ex-JCP. The gross amount is R$ 220,421,280.83.