What's Happening?
Itaú Unibanco Holding S.A. has announced a significant development for its stockholders with the approval of a 3% bonus share issuance. The decision, made by the company's Board of Directors, involves the issuance of 321,170,947 new book-entry shares, which will be distributed free of charge to existing stockholders. This move will increase the company's subscribed and paid-in capital by BRL12.8 billion, bringing the total to BRL136.9 billion. The bonus shares will be allocated in the proportion of three new shares for every 100 shares held, applicable to both common and preferred shares. The record date for entitlement to the bonus shares is set for December 23, 2025, in Brazil, and December 29, 2025, in the United States. Trading of the new shares will commence
on December 26, 2025, in Brazil, and they will be fully entitled to earnings declared from December 30, 2025, onwards.
Why It's Important?
This strategic move by Itaú Unibanco is significant as it reflects the company's robust financial health and commitment to enhancing shareholder value. By increasing the capital and issuing bonus shares, the bank aims to reward its investors and potentially attract more interest in its stock. The bonus shares will also increase the liquidity of Itaú Unibanco's shares in the market, which can lead to a more favorable trading environment. For stockholders, this means an increase in their shareholding without additional investment, potentially leading to higher returns if the company's performance continues to improve. The decision also underscores the bank's confidence in its future growth prospects and its ability to generate sufficient reserves to support such capital increases.
What's Next?
Following the issuance of bonus shares, Itaú Unibanco will continue to focus on its growth strategies and maintaining its position as a leading financial institution in Brazil. The company will monitor the market's response to the bonus share issuance and adjust its strategies accordingly. Stockholders will have the opportunity to manage fractional shares resulting from the bonus through a designated auction period from January 2 to February 2, 2026. The proceeds from the sale of fractional shares will be distributed to the respective holders. Additionally, the bank will maintain its monthly Interest on Capital payments, which will increase by 3% following the bonus share issuance. This move is expected to further solidify investor confidence and support the bank's long-term financial goals.
