Americanas (AMER3), Vale (VALE3) and other highlights this Friday (4); see – Money Times


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Americanas and Vale are among this Friday's corporate highlights (Image: REUTERS/Ueslei Marcelino)

The new vice president of digital retail at Americans (AMER3) and the plans of Vale (ELECTION 3) to incorporate the Aços Laminados do Pará subdivision are some of the corporate highlights this Friday (04).

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Check out corporate highlights

Americanas (AMER3) announces new vice president of digital retail

A Americanswhich is currently in judicial recoveryl, announced that Renato Drumond will take on the role of vice-president of Digital Retail.

Drummond, who has more than 30 years of experience in retail and digital, and was previously part of the Americanas team where he began his career as a Trainee, also having experience as a store manager, regional manager and marketing director, will be responsible for digitization of customers and marketplace.

Vale (VALE3) wants to incorporate a subsidiary; see details

A Vale proposed to incorporate the Aços Laminados do Pará SA subdivision. According to the mining company, the company is not operational.

“The merger proposal, which aims to optimize the structure of Vale Group companies, in line with the company's simplification process, will be submitted for deliberation at the Extraordinary General Meeting, which will be held on November 14, 2024”, it says.

Suzano (SUZB3) cuts cellulose production in 2024 due to 'complex timing and adequate return'; look

A Suzano (SUZB3) said that its cellulose production volume in 2024 (excluding Cerrado) will be 4% below its nominal production capacity.

The decision was taken since, according to the company, the volume would not bring adequate returns for Suzano at a time when the pulp market is more complex.

Eletrobras (ELET3) anticipates reactor operation in the North to reduce the risk of plants due to drought

A Eletrobras (ELET3) stated that it brought forward the operation of a reactor bank at a substation in Rondônia as part of actions to minimize the risk of stoppage of the Jirau and Santo Antônio hydroelectric plants, located on the Madeira River, due to the drought.

The company anticipated the energization of one of the two new reactor banks which are being installed at the Coletora Porto-Velho substation. This equipment acts, for example, in voltage control, helping to maintain the stability of the electrical network operation and avoid failures in the energy supply.

Log (LOGG3) sells, for R$484 million, logistics warehouses to a real estate fund

A Log (LOGG3) submitted to Administrative Council for Economic Defense (CADE) potential sale of the logistics warehouses LOG Fortaleza III, in Ceará, and LOG Viana II, in Vitória, Espírito Santo, to the BTG Pactual LogCP Real Estate Investment Fund – FII.

According to a statement sent to the market, the sale value reaches R$484 million.

Even (EVEN3) announces dividends of R$79.54 million; see how to secure a slice

A Even (EVEN3) announced R$79.54 million in complementary dividends, equivalent to R$0.4000 per share. Payment will be made, in a single installment, on October 18, 2024.

Shareholders with positions in the company's shares on October 8 of this year will be entitled to the proceeds. The shares will be traded “ex-dividends” from the 9th of the same month.

Eztec (EZTC3) asks Adolpho Lindenberg to bring forward the deadline for exercising bonuses

A Eztec (EZTC3) requested construction company Adolpho Lindenberg to bring forward the deadline for exercising a subscription bonus from 2026/2027 to 2024/2025.

The anticipation is subject to the approval of changes suggested by the board of directors of Adolpho Lindenberg and its respective general meeting of shareholders, in addition to other necessary authorizations, such as that of the Administrative Council for Economic Defense (Cade), according to Eztec.

*With information from Reuters

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