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BRF S.A. Cancels Treasury Shares and Plans NYSE Delisting Amid Marfrig Merger

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BRF S.A. Cancels Treasury Shares and Plans NYSE Delisting Amid Marfrig Merger

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An update from BRF SA ( (BRFS) ) is now available.

On September 18, 2025, BRF S.A. announced the cancellation of 90,280,787 treasury shares, acquired through previous share buyback programs, without reducing its share capital. This decision, part of the merger plan with Marfrig Global Foods S.A., results in a new capital structure of 1,592,192,459 common shares. Additionally, BRF’s Board of Directors approved plans to convert its registration from a category ‘A’ to a category ‘B’ issuer with the Brazilian Securities and Exchange Commission, delist its American Depositary Receipts from the NYSE, and suspend its reporting obligations to the SEC, contingent on the merger’s completion scheduled for September 22, 2025.

The most recent analyst rating on (BRFS) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on BRF SA stock, see the BRFS Stock Forecast page.

Spark’s Take on BRFS Stock

According to Spark, TipRanks’ AI Analyst, BRFS is a Outperform.

BRF SA’s overall stock score reflects its strong financial performance and positive earnings call sentiment. The company’s effective leverage management and robust cash flow generation are significant strengths. While technical analysis and valuation are moderately positive, the high debt levels remain a concern. The optimistic guidance and strategic initiatives further enhance the stock’s attractiveness.

To see Spark’s full report on BRFS stock, click here.

More about BRF SA

BRF S.A. is a publicly traded Brazilian company operating in the food industry, primarily focused on the production and sale of meat products. The company is headquartered in São Paulo, Brazil, and engages in various market activities, including mergers and acquisitions.

Average Trading Volume: 2,974,071

Technical Sentiment Signal: Buy

Current Market Cap: $6.93B

See more insights into BRFS stock on TipRanks’ Stock Analysis page.

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