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

Bitget2026/10/30 21:22

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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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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