Interviews
News Flash
Lojas Renner declares material fact of stock split proposal
04 Aug '06
2 min read
Lojas Renner S.A. announces that the management of the company will submit to its shareholders during the Extraordinary Shareholders' Meeting called to occur on September 19 2006, at 11 am, in the Company's headquarters.
The proposal for the stock split of the totality of the common shares issued by the Company (“Stock Split”), whereby each 1 (one) existing common share shall correspond to 5 (five) common shares.
In this sense, the capital stock of the Company will be represented by 121.461.815 (one hundred and twenty-one million, four hundred and sixty-one thousand, eight hundred and
fifteen) common shares, without per value.
The Stock Split will be based on the stock position on the date of the Shareholders' Meeting in which such Stock Split is approved and intends to increase the liquidity of the shares of the Company, as well as to facilitate the access of small investors and/or nonprofessional investors to the market involving the trade of the outstanding shares issued by the Company.
The shareholders of Lojas Renner that desire to access the information made available shall contact the Company thru mail.
Renner sells accessories and cosmetics through two private brands and offers third-party branded merchandise in certain of its product categories.
The proposal for the stock split of the totality of the common shares issued by the Company (“Stock Split”), whereby each 1 (one) existing common share shall correspond to 5 (five) common shares.
In this sense, the capital stock of the Company will be represented by 121.461.815 (one hundred and twenty-one million, four hundred and sixty-one thousand, eight hundred and
fifteen) common shares, without per value.
The Stock Split will be based on the stock position on the date of the Shareholders' Meeting in which such Stock Split is approved and intends to increase the liquidity of the shares of the Company, as well as to facilitate the access of small investors and/or nonprofessional investors to the market involving the trade of the outstanding shares issued by the Company.
The shareholders of Lojas Renner that desire to access the information made available shall contact the Company thru mail.
Renner sells accessories and cosmetics through two private brands and offers third-party branded merchandise in certain of its product categories.
LOJAS RENNER S.A
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
