Cemig’s NYSE-listed ADRs (CIG) are trading higher today as attention centers on corporate actions and shareholder-return items around the company’s Annual Shareholders’ Meeting scheduled for April 30, 2026. The recent SEC Form 6-K package for the meeting circulated the agenda to approve the 2025 financial statements and other standard AGM resolutions, keeping investors focused on distributions and governance decisions.

In the same 6-K materials, Cemig reiterated a previously approved Interest on Equity (IoE) distribution totaling R$657,957,000, with a gross value of R$0.23000005834 per share. The “with rights” date was March 24, 2026 and the shares traded ex-rights on March 25, 2026, with payment scheduled in two equal installments by June 30, 2027 and December 30, 2027—timing that can still support sentiment for income-focused holders even though cash is not immediate.

CIG’s U.S.-traded ADR often shows larger percentage moves on light liquidity, and the price can be sensitive to changes in income-investor demand when distribution details are front-and-center. Traders may also be positioning ahead of upcoming milestones on Cemig’s corporate calendar, including the 1Q26 earnings release on May 7, 2026.

Key follow-through for today’s move will depend on what the company communicates after the AGM—especially any confirmation of profit allocation, additional distributions, or updated capital-allocation priorities. The next scheduled fundamental catalyst is Cemig’s 1Q26 results (May 7, 2026) and the related webcast (May 8, 2026), which could reset expectations for 2026 cash generation and payout capacity.