Metalúrgica Gerdau majority shareholder increases holdings by R$ 19.99 million
GGB•Metalúrgica Gerdau’s majority shareholder bought 1,806,100 preferred shares for about R$ 20 million, averaging R$ 11.0735 each, and made smaller sales of Metalúrgica Gerdau and Gerdau preferred shares.
1. Share transactions
The majority shareholder bought 1,806,100 Metalúrgica Gerdau preferred shares on day 1 for R$ 20 million, at an average R$ 11.0735 each. On day 26, it sold 641 Metalúrgica Gerdau preferred shares for R$ 7,028, averaging R$ 10.96555, and 129 Gerdau preferred shares for R$ 3,210, averaging R$ 24.88961.
