FASA proposes reverse stock split to lift share price above B3 minimum

Reuters2026/09/09 20:44

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FASA held a remote board meeting on Sept. 2, 2026 to set steps for a proposed reverse stock split.
Directors moved to submit the share consolidation to a shareholders’ meeting, keeping stated share capital unchanged.
The action targets compliance with B3’s minimum share-price listing requirement cited in a prior market notice.
The board also authorized calling the shareholders’ meeting, hired Reali Fragoso Advogados as legal counsel, and appointed Strateo for the IR website.

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. FASA SA - em Recuperacao Judicial published the original content used to generate this news brief on September 09, 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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FASA proposes reverse stock split to lift share price above B3 minimum

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