The Toky Group’s Board of Directors approved an increase in the company’s share capital in the amount of approximately R$25.4 million, through the issuance of 25,369,364 common shares, priced at R$1 each.
The increase will be made due to the conversion of debentures or other debt securities into new shares.
After the capital increase, the company’s share capital will increase from R$1.125 billion, divided into 122,763,403 shares, to R$1.125 billion, divided into 148,132,767 shares.
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The largest furniture and decorative items retail group in Latin America, resulting from the merger between Tok&Stok and Mobly.
