Gerdau (GGBR3, GGBR4) approved, at a Board of Directors’ meeting held on Tuesday, August 4, 2026, the cancellation of 163,100 common shares (GGBR3) and 6,975,000 preferred shares (GGBR4), all without par value, without reducing the company’s capital stock.
After the cancellation, Gerdau’s capital stock became divided into 716,975,719 common shares and 1,261,042,330 preferred shares, both without par value. The amendment of Article 4 of the Bylaws, to reflect the new number of shares, will be resolved at a general shareholders’ meeting to be convened.
The company also reported that the current share buyback program, disclosed in a material fact on February 23, 2026, remains in effect.







