ITAÚ UNIBANCO - MATERIAL FACT - PAYMENT OF DIVIDENDS AND INTEREST ON CAPITAL
Rhea-AI Summary
Itaú Unibanco has announced significant shareholder distributions to be paid on March 7, 2025. The Board of Directors approved dividends of R$1.25093 per share and interest on capital of R$0.33344 per share (net R$0.283424 after 15% tax withholding). Additionally, previously declared interest on capital from August 29, 2024 (R$0.27298 gross) and November 28, 2024 (R$0.310560 gross) will also be paid.
The total distribution amounts to R$15 billion, with stockholders holding shares in all positions receiving a net amount of R$2.030363 per share. The final stockholding position will be recorded on February 17, 2025, with shares trading ex-rights from February 18, 2025. These payments apply equally to both common (ITUB3) and preferred (ITUB4) shares.
Positive
- Total shareholder distribution of R$15 billion
- Substantial per-share payment of R$2.030363 net
- Equal treatment for common and preferred shareholders
Negative
- 15% tax withholding on interest on capital payments
News Market Reaction – ITUB
In the trading session that priced this news, ITUB gained 0.51%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Payment of Dividends and Interest on Capital
SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- Itaú Unibanco Holding S.A. informs its stockholders that the Board of Directors has resolved, as of this date, on the payment of dividends[1] to be made on March 7, 2025, as follows:
(i) Dividends, in the amount of
(ii) Interest on capital, in the amount of
These payments will total
The Board of Directors also approved the payment, to be made on March 7, 2025 as well, of interest on capital previously declared, in accordance with the Material Facts disclosed on:
- August 29, 2024, in the gross amount of
R (net amount of R$0.27298 $0.232033 per share), using the final stockholding position recorded on September 19, 2024 as the calculation basis; and - November 28, 2024, in the gross amount of
R (net amount of$0.310560 R per share), using the final stockholding position recorded on December 9, 2024 as the calculation basis.$0.263976
Therefore, stockholders who hold or held shares in all the stockholding positions mentioned above will receive, on March 7, 2025, dividends and interest on capital in the net amount of
Dividends and interest on capital amounts are paid equally for common (ITUB3) and preferred (ITUB4) shares.
If you have any question, please access www.itau.com.br/investor-relations and follow the route: Menu > Investor services > Contact IR.
Gustavo Lopes Rodrigues
Investor Relations Officer
[1] In addition to the amounts previously declared for fiscal year 2024.
[2] Except for the corporate stockholders able to prove that they are immune or exempt from such withholding.
Contact:
Itaú Unibanco – Comunicação Corporativa
(11) 5019-8880 / 8881
imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A.