Gerdau controlling shareholder cuts preferred stake by BRL 2.18 million in market sale
GGB•Gerdau disclosed that its majority shareholder sold preferred shares for R$2.18 million at an average price of 25.40760; executives and management also reported sales totaling R$1.36 million at an average price of 26.21320.
1. Preferred share sales
Gerdau disclosed cash sales of preferred shares by its majority shareholder totaling R$2.18 million at an average price of 25.40760. Executives and management also reported cash sales of preferred shares totaling R$1.36 million at an average price of 26.21320.
