Brazil Petrobras, Vale, WEG, Moura Dubeux in Market News

Vale announced after the market closed on Monday that it received a letter from Daniel André Stieler resigning from his positions as member and chairman of the company’s board of directors, effective immediately.

“The board of directors of Vale records its gratitude to Mr. Stieler for the leadership, dedication and contributions made to the company during his term as a board member since 2021 and, especially, as its chairman since 2023,” the mining company said in a material fact.

According to Vale, during this period, Stieler’s work was important for strengthening corporate governance, the continuous improvement of the board’s work and strategic decision-making that contributed to sustainable value generation, institutional strengthening and the consolidation of the company’s long-term vision.

As a result of this act, item 1 of the agenda of the Extraordinary General Meeting called for July 22, 2026 becomes void, Vale said in the material fact, noting that the other items remain unchanged for shareholder deliberation.

On June 11, shareholder Previ requested the call of an extraordinary general meeting of Vale shareholders to deliberate on the removal of Daniel André Stieler from the position of board member and the nomination of José Mauricio Pereira Coelho as a full member of the board to complete the current term. On the same date, Previ also declared support for the nomination of Manuel Lino Silva de Sousa Oliveira (Ollie) for the position of chairman of Vale’s board of directors.

Petrobras reported on Monday that it received two new installments of the economic subsidy program for diesel oil commercialization, in the amounts of 1.2 billion reais, corresponding to the period from April 20 to 30, 2026, and 1.5 billion reais, corresponding to the period from May 1 to 15, 2026. The total accumulated amount received by Petrobras to date totals approximately 4.7 billion reais.

Enjoei said on Monday that it will take the necessary measures to bring the quotation of its shares back to the minimum level of 1.00 real.

B3, the Brazilian stock exchange, reported that on June 11, 2026, the quotation of Enjoei’s shares fell below 1.00 real per unit, resuming the countdown for the adoption of necessary measures to bring the quotation back to the minimum level. Thus, the new deadline ends on August 11, 2026.

Among the measures, if necessary, the company highlighted the proposal to the board of directors for calling an Extraordinary General Meeting to deliberate on the grouping of shares.

Banco Santander Brasil announced on Monday that over the last two months, it issued subordinated financial bills, the proceeds of which will be used to compose Tier II of the company’s Reference Equity, in the total aggregate amount of 1.386 billion reais, in negotiations with private investors. The financial bills have a maturity of 10 years with a repurchase option starting in 2031, according to applicable regulations.

The financial bills are authorized to compose Tier II Capital of the company’s Reference Equity, with an impact on its Tier II capitalization ratio.

WEG informed on Monday the schedule for the release of its second quarter 2026 results.

On July 22, 2026, the results will be released before the market opens. On July 23, 2026, a conference call to present the results will be held in Portuguese, with simultaneous translation into English. The conference call time will be at 11 a.m. (São Paulo time).

Moura Dubeux also released on Monday its operational preview for the second quarter of 2026.

The volume of net sales and subscriptions in the second quarter of 2026 was 1.015 billion reais, a reduction of 14.9% compared to the second quarter of 2025 and 1.8% compared to the first quarter of 2026.

In the second quarter of 2026, the company launched 6 projects totaling a Gross PSV of 1.039 billion reais and a Net PSV of 1.012 billion reais. These amounts represent declines of 58.1% and 45.7%, respectively, compared to the same period last year.

In the quarter, total cancellations were 72 million reais. This represents 6.7% of Gross Sales and Subscriptions in the second quarter of 2026.

In the second quarter of 2026, the company generated cash flow of 28.2 million reais. These operational results are preliminary and still subject to audit review.

Moura Dubeux also announced after the market closed on Monday that the payment of the 3rd and 4th installments of dividends will be made on July 14, 2026, in the amount of 100 million reais, referring to part of the total amount of dividends declared by the company on December 29, 2025.

The company will make the dividend payment in the total amount of 1.18367018554 reais per common share, based on the shareholder position of December 30, 2025.

B3 pays on Tuesday interest on equity approved on June 18 in the total amount of 356 million reais, equivalent to a gross value of 0.07 reais per share. The net value is 0.05 reais per share. B3 also pays on Tuesday the amount of 750 million reais in extraordinary interest on equity, equivalent to a gross value of 0.14 reais per share. The net value is 0.12 reais per share. The record date was June 24.

Blau Farmacêutica pays on Tuesday interest on equity referring to the second quarter of 2026. The gross amount to be paid per share is 0.07 reais, subject to withholding income tax at a rate of 17.5%. The payment will be made based on the shareholder position of June 25, 2026.