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Renova Energia Board Backs 1-for-4 Reverse Stock Split for Shareholder Vote
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Renova Energia Board Backs 1-for-4 Reverse Stock Split for Shareholder Vote
  • Renova Energia's board met October 30, 2026, unanimously endorsing proposals for shareholder consideration.
  • The proposed 1-for-4 reverse stock split would consolidate all shares without changing share capital, with corresponding amendments to the bylaws.
  • Recommended Alexandre Marcelo Marques Cruz as an independent director through the annual meeting reviewing accounts for the year ended December 31, 2027.
  • Shareholders will consider the proposals at an extraordinary meeting on November 30, 2026, at 11 a.m., in person in São Paulo.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renova Energia SA - em Recuperacao Judicial published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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