Eletrobras Vz. stock gained 0.47 percent on October 6

Published on 10/07/2026 at 03:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eletrobras Vz. stock traded at BRL 55.78 on October 6, 2026, as a BRL 3.9 billion redemption moved toward settlement. Payment is due October 8.

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Eletrobras Vz. stock gained 0.47 percent to BRL 55.78 on B3 on October 6, 2026, while a large preferred-share redemption moved toward settlement. The transaction covers 70,716,228 Class C preferred shares and assigns BRL 55.15 to each share.

BRL 3.9 billion redemption

According to Valor Economico on September 22, 2026, Axia Energia approved BRL 3.9 billion for the redemption, equal to 15.5 percent of the Class C preferred shares then outstanding. The company set the redemption at BRL 55.56 per share in that announcement, while a later market notice cited BRL 55.15 based on the ordinary share close on September 21.

The transaction changes the investment choice for holders of the former Eletrobras preferred security. According to The Globe and Mail on October 2, 2026, holders could choose cash redemption or a one-for-one conversion into common shares, with 70,716,228 PNC shares included in the operation.

Cash or AXIA3 shares

The conversion route delivered new common shares on October 2, 2026, while cash redemption is scheduled for October 8, 2026. The BRL 55.15 redemption value is 1.14 percent below the October 6 quote of BRL 55.78, leaving the market price above the announced cash amount.

Finance News reported that the conversion election ran from September 28 through September 30, 2026. The same notice said ADR holders backed by the preferred shares would be subject to mandatory redemption rather than the B3 conversion option.

The structure therefore places the October 8 cash payment at the center of the preferred-share story. The one-for-one alternative instead links holders to the common-stock performance after the preferred security's corporate restructuring.

Quote remains above payout

On October 6, 2026, AXIA6 was quoted at BRL 55.78 on B3, with a reported volume of 2.37 million shares. The quote was BRL 0.63 above the BRL 55.15 redemption value, a difference of 1.14 percent.

For investors, the key checkpoint is the settlement date rather than a new operating forecast. The redemption amount, the one-for-one conversion ratio and the October 8 payment date define the near-term value framework for the preferred shares.

Settlement date approaches

Eletrobras Vz. stock is tied to a corporate action that separates cash settlement from participation in AXIA3. The October 8, 2026 payment date is the next concrete date for holders who remained in the redemption route.