Sabesp Sets Late-April 1-for-5 Stock Split for Shares and ADRs

Companhia De Saneamento ( (SBS) ) has shared an announcement.

On April 28, 2026, Sabesp planned to submit for shareholder approval a stock split of its common shares at a 1:5 ratio, leaving total share capital unchanged and preserving each investor’s proportional ownership. The move is designed to increase share liquidity in both Brazil and the United States while maintaining identical economic and voting rights for all post-split shares and ADRs.

For investors on B3, holdings as of April 28, 2026 would be split so each existing share becomes five, with ex-split trading starting April 29 and additional shares credited on April 30, reflected in positions on May 4. For ADR holders on the NYSE, the 1:1 ADR-to-share ratio remains, but four additional ADRs per existing ADR will be distributed based on an April 30 record date, with payment on May 6 and ex-split trading from May 7, ensuring seamless treatment across markets and no impact on dividend rights.

The most recent analyst rating on (SBS) stock is a Buy with a $36.60 price target. To see the full list of analyst forecasts on Companhia De Saneamento stock, see the SBS Stock Forecast page.

Spark’s Take on SBS Stock

According to Spark, TipRanks’ AI Analyst, SBS is a Neutral.

The score is anchored by solid financial profitability but moderated by 2025 revenue/margin compression, higher leverage, and softer cash-flow conversion. Valuation is a clear positive (low P/E and ~4% yield), while technicals are neutral with longer-term trend support but limited near-term momentum.

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

More about Companhia De Saneamento

Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) is a publicly held basic sanitation company that provides water and sewage services in the state of São Paulo, Brazil. The company operates in both the domestic Brazilian market and international capital markets through common shares listed on B3 and American Depositary Receipts traded on the NYSE.

Average Trading Volume: 1,438,213

Technical Sentiment Signal: Buy

Current Market Cap: $24.29B

Learn more about SBS stock on TipRanks’ Stock Analysis page.