Metalúrgica Gerdau buys back 3,900,000 preferred shares
GGB•Metalúrgica Gerdau repurchased 3,900,000 preferred shares for R$ 42.87 million, at an average price of R$ 10.9924 per share. Its preferred-share holdings increased to 3,920,000.
1. Share repurchase
Metalúrgica Gerdau repurchased 3,900,000 preferred shares for R$ 42.87 million, paying an average of R$ 10.9924 per share. The purchases increased its preferred-share holdings to 3,920,000.
