Sabesp updates EMAE merger timetable for Sabesp stock

Published on 10/21/2026 at 03:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

New shares are due October 27, 2026. Adjusted profit fell 41.2 percent to BRL 1.15 billion in second-quarter 2026, a benchmark for Sabesp stock.

Merger schedule and operating scale

Sabesp and EMAE updated their merger timetable on October 8, 2026, with share credit scheduled for October 27, 2026.
Adjusted profit fell 41.2 percent to BRL 1.15 billion in the second quarter of 2026.
Sabesp closed at USD 6.40 on the NYSE on October 20, 2026.

Sabesp, BRSBSPACNOR5, Illustration mit AI erstellt.

Sabesp (BRSBSPACNOR5) is moving toward the next stage of its EMAE merger, with new Sabesp shares scheduled for credit on October 27, 2026. The updated timetable also sets October 23, 2026, as the final trading date for EMAE shares, according to StockTitan. For investors, the transaction creates a defined near-term corporate timetable rather than a new earnings forecast.

Three dates shape the merger

Sabesp shareholders approved the transaction on July 30, 2026, while EMAE shareholders approved it on September 16, 2026. On October 8, 2026, the companies updated the schedule for the incorporation of EMAE shares, with the filing setting October 27, 2026, for confirmation of completion and delivery of Sabesp shares, as reported by StockTitan.

What does the merger add?

The transaction lands while Sabesp is expanding its operating footprint. Sabesp maintained 1,300 active construction fronts and planned BRL 70 billion of investment between 2025 and 2029, according to El Fondo. That scale gives the merger a strategic setting, but the financial test remains execution and conversion of investment into earnings.

Profit pressure remains measurable

Sabesp reported adjusted net profit of BRL 1.15 billion in the second quarter of 2026, down 41.2 percent from the same period a year earlier. Adjusted EBITDA fell 3.2 percent to BRL 3.503 billion, while adjusted service revenue rose 6.7 percent to BRL 6.013 billion, according to DGABC. Revenue growth therefore came with weaker adjusted profitability, making the next reporting cycle important for judging whether investment is translating into operating leverage.

Upcoming corporate milestones

The next two dated milestones are October 23, 2026, when EMAE shares are scheduled to stop trading on B3, and October 27, 2026, when Sabesp is scheduled to confirm the merger and credit shares to EMAE investors, according to StockTitan.

NYSE valuation context

Sabesp closed at USD 6.40 on the NYSE on October 20, 2026. The dated market level provides a reference point as investors weigh the merger timetable against the second-quarter decline in adjusted profit.