Enjoei stock approves 10 for 1 reverse split to meet B3 rule
Published on 09/29/2026 at 19:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Enjoei stock approved a 10-for-1 reverse split on September 8, 2026, as the Brazilian marketplace works to bring its quotation back above B3's minimum price. The measure changes the number of shares, not the company's share capital.
Reverse split cuts share count
According to Investidor10 in the company notice dated September 8, 2026, each 10 ordinary shares will become one share. The adjustment reduces the issued share count from 205,017,990 to 20,501,799, while the adjustment period runs from September 9 to October 8, 2026.
Forbes reported on September 9, 2026, that the decision followed sustained trading below BRL 1.00 and a B3 compliance requirement. The economic value of the share capital stays unchanged, so the operation is a denomination change rather than a new source of capital.
Revenue growth meets a large loss
Enjoei's second-quarter results, released on August 11, 2026, showed net revenue of BRL 60.8 million, up 24 percent from a year earlier, while net loss reached BRL 47.6 million versus BRL 8.0 million previously, according to The Rio Times.
The operating picture remains mixed: Bitget News reported on September 3, 2026, that Enjoei counted 1.1 million active buyers in the second quarter and operated nine stores, including three company-owned locations and six franchised stores. Management's stated priorities include inventory growth, seller quality, conversion and tighter cost discipline.
Grouped shares start October 9
Investidor10's notice states that Enjoei shares will trade exclusively on a reverse-split basis on October 9, 2026, the first trading day after the adjustment period. Fractions created by the transaction are to be grouped and sold in an auction on B3, with proceeds distributed proportionally to the relevant shareholders.
Enjoei reverse split at a glance
- Company: Enjoei S.A.
- Ticker: ENJU3
- Primary exchange: B3
- Reverse split: 10 ordinary shares for 1 share
- Issued shares after split: 20.5 million
- Grouped trading begins: October 9, 2026
- Sector: Communication Services
