Hypera will pay interest on equity to the company's shareholders (Image: Getty Images/Canva Pro)
A Hyper (HYPE3) announced, on Wednesday (18), the distribution of R$ 123.5 million in interest on equity (JCP), equivalent to R$ 0.19534 per common share.
Payment will be made by the end of 2025, on a date yet to be announced by Hypera.
Shareholders with a position in the company until September 23, 2024 will earn interest on the proceeds, and the shares will be traded “ex-interest on equity” as of September 24.
The company states that until the date of payment, no monetary adjustment will be applied to the declared amount.
“The net amount to be distributed in the form of interest on equity will be imputed to the total amount of dividends that will be declared by the company's shareholders for the 2024 fiscal year”.
As is customary in the payment of JCP, the amount is subject to withholding income tax, except for shareholders who are demonstrably immune or exempt.