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Renova Energia Board Backs 1-for-4 Reverse Stock Split for Shareholder Vote

PUBT·10/30/2026 21:22:50
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Renova Energia Board Backs 1-for-4 Reverse Stock Split for Shareholder Vote
  • Renova Energia's board met October 30, 2026, unanimously endorsing proposals for shareholder consideration.
  • The proposed 1-for-4 reverse stock split would consolidate all shares without changing share capital, with corresponding amendments to the bylaws.
  • Recommended Alexandre Marcelo Marques Cruz as an independent director through the annual meeting reviewing accounts for the year ended December 31, 2027.
  • Shareholders will consider the proposals at an extraordinary meeting on November 30, 2026, at 11 a.m., in person in São Paulo.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renova Energia SA - em Recuperacao Judicial published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.