BlackRock, Inc. reported that it reduced its equity interest in Banco do Estado do Rio Grande do Sul (Banrisul, BRSR5) on November 9, 2026. After selling preferred shares, the asset manager now holds, in aggregate, 10,179,266 preferred shares, equivalent to approximately 4.992% of the total of that class issued by the bank.
In addition to the shares, BlackRock holds 826,531 cash-settled derivative financial instruments referenced to preferred shares. They represent approximately 0.405% of Banrisul's total preferred shares.
BlackRock acts on behalf of some of its clients as an investment manager. The asset manager stated that the purpose of the holdings is strictly investment, with no intention of changing the bank's controlling ownership or management structure. It also said it has not entered into any contracts or agreements regulating the exercise of voting rights or the purchase and sale of securities issued by Banrisul.
Banrisul released the notice to the market on November 12, 2026. BlackRock is headquartered in New York, in the United States.
Is BRSR6 worth investing in?
- Price
- R$ 13.29
- as of 11/11/2026
- Dividend yield
- 11.57 %
- P/L
- 3.31
- P/VPA
- 0.46
