Bank of America lifts Gerdau stake to 5.07%

Reuters2026/08/24 20:14

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Bank of America lifted its stake in Gerdau to 5.07% on Aug. 20, 2026, triggering a CVM 5% disclosure.
Holding totals 63,970,174 preferred shares (GGBR4) out of 1,261,042,330 shares outstanding.
Cash-settled derivative exposure was 223,569 shares, equal to 0.02% of outstanding shares.
Bank of America said it does not seek changes in control or management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bank of America lifts Gerdau stake to 5.07%

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