BlackRock reported that it sold common shares of Companhia de Saneamento de Minas Gerais (Copasa MG, CSMG3) and, as of October 30, 2026, held 18,960,416 common shares, equivalent to approximately 4.986% of the total of that share class issued by the company. The notice was released by Copasa on Tuesday, November 3, 2026.
In addition to the shares, the asset manager holds 76,372 financial derivative instruments referenced to common shares, with cash settlement (paid in cash, without delivery of the shares). They represent approximately 0.020% of Copasa's total common shares.
According to BlackRock, which acts on behalf of some of its clients as an investment manager, the holdings are strictly for investment purposes. The asset manager states that it does not intend to change the company's control or its management structure.
BlackRock also stated that it has not entered into any contracts or agreements regulating the exercise of voting rights or the purchase and sale of securities issued by Copasa.
