On Thursday, October 29, 2026, Axia Energia S.A. (AXIA3, AXIA7) announced the completion of the 6th operation to convert and redeem class C preferred shares (PNC) into common shares (ON), with conversion at a 1:1 ratio and cash redemption of the class. A total of 50,528,315 PNC shares were redeemed and cancelled, representing 85.35% of the shares in this category, with a cash settlement amount of R$ 2,967 million.
According to the company, the capital allocated to this operation was R$ 11,700 million, leaving a remaining balance of R$ 515 million after the redemption. The payment date for the 6th redemption operation was set for November 6, 2026, and holders of American Depositary Receipts (ADRs) will receive the redemption amount within up to 7 business days after that date.
After the completion of the operation, Axia Energia’s share capital is composed of 2,485,564,565 common shares, 260,456,381 class C preferred shares, and 1 special share held by the Federal Government (golden share), totaling 2,746,020,947 shares.
