On Friday, September 18, 2026, Paranapanema (PMAM3) reported that shareholder João Carlos Correa de Vargas came to hold 90,413,410 common shares of the company, equivalent to 27.8371% of its share capital. The stake was determined in a shareholder position report issued on the same date.
According to the notice sent by the investor, the stake in Paranapanema results from purchases made on the stock exchange and is aimed at investing in the company, with no present intention to change the ownership structure or management structure, and without seeking to reach a specific ownership threshold. The shareholder also stated that he does not hold other securities or derivatives linked to the company’s shares, nor contracts or agreements regarding the exercise of voting rights or the purchase and sale of these securities.
