Axia Energia converts 8,675,378 preferred shares into common shares
AXIA•Axia Energia will convert 8,675,378 class C preferred shares into common shares at a 1:1 ratio on October 29, 2026.
1. Conversion and redemption
The sixth redemption will cancel 50,528,315 class C preferred shares, representing 85.35% of shares covered by the operation. Cash settlement of R$ 2.97 billion is scheduled for November 6, 2026; American Depositary Receipt holders will receive proceeds within seven business days after that date.
