Axia Energia (AXIA3, AXIA7) announced this Thursday, October 1, 2026, the completion of the 4th transaction to convert and redeem class “C” preferred shares (PNC) into common shares (ON) issued by the company, at a 1:1 ratio, involving the conversion of 24,670,388 PNC shares.
In the same transaction, 46,012,639 PNC shares will be redeemed and canceled, with cash settlement of R$ 2.538 million (R$ 2.538 bn). The allocable capital is R$ 11.700 million (R$ 11.7 bn) and the remaining balance after the redemption will be R$ 5.392 million (R$ 5.392 bn). Holders of American Depositary Receipts (ADRs) will receive the redemption amount within up to 7 business days after October 8, 2026, the scheduled payment date.
After the transaction is completed, Axia Energia’s capital stock will be divided into 2,441,805,426 common shares, 386,839,004 class “C” preferred shares and 1 special share held by the Federal Government (golden share), totaling 2,828,644,431 shares.
