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Ultrapar Board Rejects Novo Mercado Reform Proposals

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Ultrapar Board Rejects Novo Mercado Reform Proposals

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Ultrapar Participacoes SA ( (UGP) ) has provided an update.

On June 25, 2025, Ultrapar Participações S.A.’s Board of Directors held a meeting to discuss proposed reforms to the Novo Mercado regulations by B3 S.A. The Board decided to reject the proposals until the voting rules in the reform process are revised, emphasizing the importance of corporate governance evolution and B3’s efforts to engage with companies. The Board committed to reassessing the amendments once resubmitted by B3.

The most recent analyst rating on (UGP) stock is a Buy with a $3.20 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.

Spark’s Take on UGP Stock

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

Ultrapar Participacoes SA’s solid financial performance and attractive valuation are significant strengths, suggesting potential for stock appreciation. However, the lack of strong technical indicators and the mixed results from the recent earnings call highlight challenges in profitability and operational efficiency. The company’s strategic initiatives for long-term growth are promising but require effective execution to overcome short-term hurdles.

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

More about Ultrapar Participacoes SA

Ultrapar Participações S.A. is a publicly traded company based in São Paulo, Brazil. It operates in various sectors, including fuel distribution, chemicals, and storage for liquid bulk, with a focus on enhancing corporate governance and market positioning.

Average Trading Volume: 1,923,212

Technical Sentiment Signal: Sell

Current Market Cap: $3.33B

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

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