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JBS S.A. Fiscal Council Approves Financial Statements and Strategic Absorption

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JBS S.A. Fiscal Council Approves Financial Statements and Strategic Absorption

JBS SA ( (JBSAY) ) has issued an update.

On March 24, 2025, JBS S.A.’s Fiscal Council held a meeting to review the company’s operations and financial statements for the fiscal year ending December 31, 2024. The council discussed the independent auditor’s report, financial statements, and management report, concluding with a favorable opinion on the documents. They also approved the proposal for distributing additional dividends and the absorption of Condesa Norte Industria e Comercio Ltda., which will not impact the company’s economics or cash flow as JBS already owns 100% of Condesa.

More about JBS SA

JBS S.A. is a leading company in the meat processing industry, primarily engaged in the production and sale of beef, chicken, and pork products. The company is headquartered in São Paulo, Brazil, and operates globally, focusing on providing high-quality protein products to a diverse market.

YTD Price Performance: 21.80%

Average Trading Volume: 97,392

Technical Sentiment Signal: Sell

Current Market Cap: $16B

Find detailed analytics on JBSAY stock on TipRanks’ Stock Analysis page.

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