Metalúrgica Gerdau majority shareholder increases holdings by R$ 19.99 million

• Metalúrgica Gerdau’s majority shareholder bought 1,806,100 PN shares on day 1 for R$ 20 million, averaging R$ 11.0735 each.
• It sold 641 PN shares on day 26 for R$ 7,028, at an average price of R$ 10.96555.
• The majority shareholder also sold 129 Gerdau PN shares on day 26 for R$ 3,210, averaging R$ 24.88961 each.

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