Gerdau controlling shareholders cut preferred-share holding by R$ 25.16 million in market sales
GGB•Controlling shareholders reduce preferred-share position
Gerdau disclosed cash equity sales by its majority shareholder totaling R$ 2.61 million at an average price of R$ 25.14.
Its controlling shareholder also sold preferred shares for R$ 22.55 million at an average price of R$ 11.25.
Executives reported cash purchases of common shares totaling R$ 1,865 at an average price of R$ 9.33.
