On Monday, August 17, 2026, Axia Energia (AXIA3, AXIA7) announced that on August 18, 2026, it will convert 10,259,192 class C preferred shares (PNC) into common shares (ON) issued by the company, at a 1:1 ratio.
Additionally, on August 24, 2026, the company will redeem and cancel 37,174,293 PNC shares, with cash settlement on the same date. Holders of American Depositary Receipts (ADRs) will receive the redemption amount within up to 7 business days after August 24, 2026.
After the completion of the transaction, Axia Energia’s share capital will be divided into 2,347,248,487 common shares, 569,057,002 class C preferred shares and 1 special share held by the Federal Government (golden share), totaling 2,916,305,490 shares.







