Brent crude rose 2.02% to $107.2 per barrel. Brent is the benchmark for Petrobras.
Gold (February 2025 contract, per troy ounce) fell 0.69% to $4,691.
In daytime trading, the iron ore futures contract on China’s Dalian exchange closed up 0.19% at 786.5 yuan (US$115.2). The price movement can affect shares of Brazilian miners Vale (VALE3) and CSN Mineração (CMIN3). The contract price may still fluctuate in coming hours.
At 7:41 a.m. in Wall Street futures trading, the Dow Jones future was down 0.28%, the S&P 500 future was up 0.10%, and the Nasdaq future gained 0.93%.
In preparation for a potential secondary public offering of common shares of Copasa (CSMG3) held by the state of Minas Gerais, the state government published the manual for the preliminary phase to select a reference investor. That investor may acquire up to a 30% stake in the sanitation company.
The registration and qualification phase for interested parties begins Friday, April 24, and runs through May 8. During this phase, B3 (B3SA3) will analyze whether participants meet the requirements to be designated reference investors, as set out in the operation’s manual. Only investors that fully meet the criteria and have that status confirmed by B3 will be eligible to proceed to the next stage.
Banco do Brasil (BBAS3) announced it carried out a sustainable international senior debt issuance, a “nature bond,” worth US$500 million. The bond matures October 23, 2031, with a coupon of 5.625% per year and a final investor return of 5.875% per year.
The transaction was priced on April 16, 2026, and settled on April 23, 2026. Banco do Brasil stated it is “the first nature bond benchmark size issued by a commercial financial institution in the world, demonstrating leadership in sustainable finance and expanding the bank’s presence in financial instruments aligned with the environmental, social, and climate agenda.”
Proceeds from the issuance will go to initiatives for productive recovery of degraded areas, promoting soil restoration, increasing agricultural productivity, and reducing pressure to open new areas, with a focus on food cultivation, the bank said. The state-owned bank added that these investments combine environmental and economic gains by turning environmental liabilities into productive assets, with positive impacts on climate, biodiversity, and rural income generation.
Suzano (B3: SUZB3; NYSE: SUZ) said its annual and extraordinary shareholders’ meeting approved the distribution of additional dividends totaling R$5,627,858.70. The per-share amount is R$0.00455231. Payment will be made by December 31, 2026. Shareholders must hold Suzano shares on April 29 to be entitled. Shares will trade ex-dividend from April 30. For holders of American Depositary Receipts (ADRs) traded on the NYSE, payment will follow procedures of the depositary bank, The Bank of New York Mellon.
Petrobras (PETR3, PETR4) said it sent a notice to Novonor formalizing its decision not to exercise its preemptive rights and tag-along rights under the current shareholders’ agreement of Braskem (BRKM5). Petrobras also said it signed a new shareholders’ agreement with Shine I Fundo de Investimento em Participações Multiestratégia (FIP) for Braskem. The new agreement aims to improve governance and establish shared control between Petrobras and FIP at Braskem, including a requirement for consensus on all decisions of the board of directors and general meeting, and equal representation on the board and statutory management. The agreement will be sent to Braskem and will take effect once the share transfer to FIP is completed. Petrobras and FIP will also propose a new bylaws for Braskem. Petrobras maintains its 36.1% stake in Braskem’s total capital, representing 47% of voting capital.
Shareholders of Magazine Luiza (MGLU3) at a meeting on Thursday, April 23, approved dividend payments totaling R$63 million, or R$0.0813001921 per common share. Of that, R$3,021,053.04 is mandatory minimum dividends; R$17,119,300.54 is additional dividends; and R$42,859,646.42 is interim dividends. Holders of Magazine Luiza common shares as of Friday, April 24, are entitled to receive the dividends. Shares will trade ex-dividend from Monday, April 27. Payment will be made on May 8, 2026.
Copel (CPLE3) said dividends declared on December 10, 2025, totaling R$1.35 billion, will be paid on June 30, 2026. The amount per common share is R$0.45453469202. Dividends will be paid to shareholders based on the share position as of December 30, 2025. Shares have been traded ex-dividend since January 2, 2026.
Brava Energia (BRAV3) reported that it received a letter from Ecopetrol, a mixed-economy company linked to Colombia’s Ministry of Mines and Energy, regarding the acquisition of Brava shares currently held by certain shareholders. The letter states that Ecopetrol signed a contract to buy 120,813,490 common shares of Brava, representing 26% of total share capital, from shareholders Somah Printemps Quantum Group, Jive Group, and Yellowstone. Ecopetrol expects to reach a 51% stake in Brava’s common shares and will launch a voluntary partial tender offer at a price of R$23 per share, a 27.8% premium over the average trading price over the last 90 days. After rising more than 5% during the session, BRAV3 shares closed down 1.13% on Thursday at R$20.17.
The record date for Marcopolo interest on equity (JCP) announced on April 15 is Friday, April 24. From April 27, shares will trade ex-dividend. The amount is R$0.085 per share. Payment will start from May 8, 2026.
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