On Friday, October 16, 2026, Taurus Armas (TASA3, TASA4) announced that its controlling shareholder, BÝK Participações S.A., has increased its equity stake in the company. On October 13, 2026, BÝK entered into two share assignment agreements with Gibraltar Incorporações e Participações Ltda., through which it acquired 15,701,625 common shares of Taurus, equivalent to approximately 30.73% of the company’s common shares.
Before the transaction, BÝK held 25,835,197 common shares, representing 50.57% of the voting capital, and 324,095 preferred shares, equivalent to 0.37% of the preferred shares, totaling 26,159,292 shares, or 18.78% of Taurus’s share capital. After the transaction, BÝK came to hold 41,536,822 common shares, which represent 81.30% of the voting capital, and it kept 324,095 preferred shares, totaling 41,860,917 shares, corresponding to 30.05% of the company’s total share capital.
According to the announcement, the transaction is not intended to change the composition of the control or the management structure of Taurus Armas. BÝK also reported that it is not a party to any agreements or contracts that govern the exercise of voting rights or the purchase and sale of securities issued by the company.
