Payment will be on May 13; The total value of 2024 reaches R $ 4 billion, the largest in the history of the company privatized in 2022
It announced it on Tuesday (29.br.2025) that will distribute R $ 1.79 billion in additional dividends for the year 2024. The proposal was approved during the Ordinary General Assembly. Payment will be made on May 13 this year.
The company states that, added to the interchange dividends already paid in January, the total distributed about the profit of 2024 will be R $ 4 billion. The value represents 41% of the adjusted net income and configures the largest dividend distribution in the company’s history, privatized by 2022.
Shareholders will receive R $ 0.8952 per ordinary action or golden share (Paper with veto power detained by the Union) and R $ 0.1110 by preferred class B action.
The date of cutting to be entitled to values will be April 29, in the case of shares traded in B3 (São Paulo Stock Exchange). In the case of ADRs (American Depositary Receipts), listed on the New York Stock Exchange, the deadline will be April 30th.
Payment will be made directly by B3 to shareholders with custody shares. The other investors will receive by credit in a current account, based on the data informed to Itaú Corretora.
Eletrobras reported that the unlawful dividends prescribe after 3 years and return to the company.
Council reformulation
The shareholders’ meeting also approved the largest in the company’s board of directors since privatization. The board was expanded from 7 to 10 members, with the inclusion of 3 representatives of the Union.
4 of the current members were reappointed to the Council 4:
- Vicente Falconi;
- Ana Silvia Corso Matte;
- Felipe Villela; e
- Marisete Pereira.
The new names are those of Carlos Marcio Ferreira e José João Abdalla Filho.
In a separate vote from the preferably shareholders, it was confirmed Pedro Batistaof the management radar, which was already part of the council.
In addition, the 3 names nominated by the federal government were ratified for the new chairs in the board:
- Maurício Tolmasquim;
- Silas Rondeau; e
- Nelson Hubner.
All have previous experience in the energy sector and positions for positions in the government.
The Union also assured a chair in the company’s fiscal council. Since he did not present a new name after Guido Mantega’s, the alternate Regis Dudena was elected to occupy the vacancy.
AGREEMENT
Earlier, at an extraordinary assembly, the Union’s participation in the company’s governance agencies expanded. The measure ends the judicial dispute with the Federal Government about the privatization of the company, in the process of the Supreme Court (STF).
The endorsement was already expected since Monday (28.abr), when the electrical informed the partial result of the vote at a distance from shareholders, which already indicated sufficient support for the approval of the conciliation term. Here’s (PDF – 172 kb) from the distance learning map.
On the other hand, the government is committed to no longer questioning the 10% limit on the voting power of any individual or block shareholder. The clause was defined at the time of capitalization in 2022.
Eletrobras, in turn, gains predictability by ending a legal impasse that pressured the company’s market value. It also reduces its exposure to risks linked to Eletronuclear, a company that maintained minority participation after privatization.
Although the nuclear state -owned company was segregated from Eletrobras during the capitalization process, the electric company remained a shareholder with about 33% of the company responsible for operating Brazilian nuclear plants.
With the agreement, the company will not have obligations regarding the operation or financing of the nuclear sector.
