An update from Sendas Distribuidora ( (ASAIY) ) is now available.
On March 17, 2025, Sendas Distribuidora’s Fiscal Council held a meeting to discuss a proposal to increase the company’s capital stock by R$ 184,074,731.45 through partial capitalization of its expansion reserve, without issuing new shares. The council unanimously approved the proposal, which will raise the capital stock from R$ 1,271,695,073.49 to R$ 1,455,769,804.94, subject to the Board of Directors’ resolution. This move is expected to strengthen the company’s financial position and support its growth strategy.
More about Sendas Distribuidora
Sendas Distribuidora S.A. operates in the retail industry, primarily focusing on distributing consumer goods in Brazil. The company is known for its extensive network of stores and its emphasis on providing a wide range of products to meet consumer needs.
YTD Price Performance: 50.79%
Average Trading Volume: 1,097,064
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.8B
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