Shareholders will receive R$347 million in JCP; Check the dates – Money Times

B3: JCP payment will take into account contribution status on March 28, 2023 and will occur on April 10, 2023 (Photo: Patricia Montero/Bloomberg)

board of directors B 3 (B3SA3Thursday (23) approved the distribution of 347 million Brazilian riyals in interest on private capital (JCP) to shareholders.

The amount represents the aggregate amount of R$0.05994865 per share. Withholding of 15% income tax withholding (excluding exempt or expressly exempt shareholders), the net amount per share is R$0.05095635.

The payment will take into account the stock position on March 28, 2023 and will take place on April 10, 2023. B3 “ex” shares will be traded on JCP from March 29, 2023, inclusive.

JCP announced that it would be credited to earnings Mandatory for fiscal year 2023.

B3 explained that share values are discretionary and may be adjusted due to the sale of treasury shares to conform to the company’s stock grant plan or other share-based plans, or even due to the acquisition of shares within the scope of a buyback program.

Today, the Board of Directors also approved the cancellation of 280 million shares currently held by the Treasury. As a result, the share capital of B3 will be divided into 5,819,000,000 shares.