Company Description
The ticker BM is associated in available news with Gerdau S.A., which reports its results to the U.S. Securities and Exchange Commission (SEC) under the symbol GGB and to the Brazilian market under the symbols GGBR3 and GGBR4 on the BM&Fbovespa exchange. According to these disclosures, Gerdau S.A. regularly publishes consolidated financial information, highlights for each quarter, and details on its capital allocation decisions, including dividends, share repurchase programs and investment plans.
The company’s news releases describe recurring metrics such as Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), free cash flow, and capital expenditures (CAPEX). They also emphasize the contribution of the North America Business Operation to consolidated results, with several periods highlighting that this region accounts for a significant share of adjusted EBITDA. In addition, Gerdau S.A. reports on investment projects in Brazil, including initiatives in the state of Minas Gerais and projects aimed at asset competitiveness, maintenance and higher value-added steel production.
Gerdau S.A. also announces dividend distributions based on quarterly results and details the size and progress of its share buyback programs. These programs involve repurchases of millions of Gerdau S.A. shares and are presented as part of the company’s approach to returning capital to shareholders. The company further communicates guidance and estimates for future CAPEX over multi‑year periods, indicating how much it expects to invest in projects related to maintenance, competitiveness and strategic initiatives.
In its communications, Gerdau S.A. notes that it files quarterly and other financial information with both the SEC and the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator. It also makes valuation guides available, which are referenced as additional documents that accompany its results releases. These guides are positioned as supporting materials for understanding the company’s financial and operational performance over time.
Some releases highlight specific operational or project milestones. Examples include the launch of a hot-rolled coil mill expansion at the Ouro Branco industrial unit in Minas Gerais, which adds hot-rolled coil capacity, and the decision to invest in a sustainable mining platform in Minas Gerais, with objectives that include modernization, technological updating, improvement of environmental practices and extension of local operations. Another operational disclosure notes that, since a stated point in time, Gerdau has used the dry stacking method to dispose of 100% of the tailings from its iron ore production process in Minas Gerais.
Gerdau S.A. also reports on financing and capital structure actions. One example is the announcement of a make‑whole call for a bond maturing in 2030, including the total amount of the bond and its coupon rate. The company describes this type of transaction as part of its broader capital management. In addition, it periodically communicates the completion of one share buyback program and the approval of a new one, specifying the maximum number of shares that may be repurchased and the term of the program.
Across multiple periods, Gerdau S.A. comments on its intention to pursue long‑term competitiveness for its assets and refers to a portfolio of strategic CAPEX initiatives planned over several years. It also mentions expectations that this portfolio has the potential to generate additional annual EBITDA by a specified future year, while stating that it remains focused on maintaining a sound capital structure and creating value for stakeholders.
While the Stock Titan symbol BM is linked here to these Gerdau S.A. disclosures, investors should note that the company’s primary trading symbols referenced in the news are GGB on the NYSE and GGBR3 and GGBR4 on BM&Fbovespa. The information summarized on this page is based on Gerdau S.A.’s own news releases and references to its SEC and CVM filings.
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No SEC filings available for BM.