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Fractional share auction at AXIA Energia (AXIA) prices 21,632 shares

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

AXIA Energia S.A. reports completion of an auction at B3 of fractional common shares created by the conversion of Class “A1” and “B1” preferred shares into common shares as part of its migration to the Novo Mercado segment. The conversion occurred at a ratio of 1.1 common share per 1 preferred share, approved at an Extraordinary General Meeting on April 1, 2026.

The auction sold 21,632 common shares at an average price of BRL 50.16 per share, net of fees. Proceeds will be allocated to holders of fractional entitlements proportionally to their shareholdings, with payments available as of July 28, 2026. Amounts for shareholders without updated banking details will remain available for 365 days through Itaú Corretora de Valores S.A., which acts as bookkeeping agent.

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Fractional shares sold 21,632 common shares Auction of fractional shares from conversion into common shares
Average auction price BRL 50.16 per share Average price in fractional share auction, net of fees
Conversion ratio 1.1 common share per 1 PNA1 or PNB1 share Ratio for conversion of Class A1 and B1 preferred into common
Payment start date July 28, 2026 Date from which proceeds are available to fractional holders
Claim period 365 days Period to collect proceeds via Itaú Corretora from July 28, 2026
EGM approval date April 1, 2026 Extraordinary General Meeting approved migration to Novo Mercado and conversion
Novo Mercado regulatory
"as a result of the Company’s migration to the Novo Mercado segment"
fractional shares financial
"the auction of fractional shares arising from the conversion"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
bookkeeping agent financial
"available for collection through Itaú Corretora de Valores S.A., the Company’s bookkeeping agent"
forward-looking statements regulatory
"may constitute forward-looking statements under Section 27A of the Securities Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did AXIA (AXIA) disclose about its fractional share auction?

AXIA Energia disclosed that it completed an auction at B3 of fractional common shares created by converting certain preferred shares. The auction sold 21,632 common shares, and proceeds will be distributed proportionally to holders of fractional entitlements based on their shareholdings.

What was the preferred-to-common conversion ratio for AXIA (AXIA) shares?

AXIA Energia converted Class “A1” and “B1” preferred shares into common shares at a ratio of 1.1 common share for each 1 preferred share. This conversion formed part of the company’s migration to the Novo Mercado segment, approved at an Extraordinary General Meeting on April 1, 2026.

At what price were AXIA (AXIA) fractional common shares sold?

The fractional common shares were sold at an average price of BRL 50.16 per share, net of applicable fees. This price resulted from the auction of 21,632 common shares on B3 S.A. – Brasil, Bolsa, Balcão, arising from the share conversion process.

When will AXIA (AXIA) distribute proceeds from the fractional share auction?

Proceeds from the fractional share auction will be made available to eligible shareholders as of July 28, 2026. Amounts will be credited proportionally to holders’ fractional entitlements, reflecting their shareholdings at the time of the conversion-driven auction settlement.

How long do AXIA (AXIA) shareholders have to claim uncredited auction proceeds?

Shareholders whose banking details are not updated will have 365 days from July 28, 2026 to collect proceeds. These amounts will remain available through Itaú Corretora de Valores S.A., which serves as AXIA Energia’s bookkeeping agent for this process.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of July, 2026

 

Commission File Number 1-34129

 


 

AXIA Energia S.A.

(Exact name of registrant as specified in its charter)




AXIA Energia S.A.

(Translation of Registrant's name into English)




Avenida Graça Aranha, 26
Centro, CEP 20030-900
Rio de Janeiro, RJ, Brazil

(Address of principal executive office)



Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 
 

Result of Fractional Share Auction – Share Conversion Rio de Janeiro, July 20, 2026 – AXIA Energia S.A. (“Company” or “AXIA Energia”), further to the Notice to the Market disclosed on June 8, 2026, informs that the auction of fractional shares arising from the conversion of Class “A1” preferred shares (“PNA1”) and Class “B1” preferred shares (“PNB1”) into common shares (“ON”) has been concluded at B3 S.A. – Brasil, Bolsa, Balcão. The conversion was carried out at the ratio of 1.1 common share for each 1 PNA1 or PNB1 share, as a result of the Company’s migration to the Novo Mercado segment, as approved at the Extraordinary General Meeting held on April 1, 2026. The auction resulted in the sale of 21,632 common shares at an average price of BRL 50.16 per share, net of applicable fees. The proceeds from the sale will be made available to the holders of the respective fractional entitlements, in proportion to their shareholdings, as of July 28, 2026. For shareholders whose banking details are not duly updated, the amounts will remain available for collection through Itaú Corretora de Valores S.A., the Company’s bookkeeping agent, for a period of 365 days, counted from July 28, 2026. Eduardo Haiama Vice-President of Finance and Investor Relations

 

 

 

 

 

 
 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 20, 2026

AXIA Energia S.A.
     
By:

/SEduardo Haiama


 
 

Eduardo Haiama

Vice-President of Finance and Investor Relations

 

 

 

FORWARD-LOOKING STATEMENTS

 

This document may contain estimates and projections that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words “believes”, “may”, “can”, “estimates”, “continues”, “anticipates”, “intends”, “expects”, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditions in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricity usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables; changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans; existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM and SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of these estimates or projections due to new information or future events. Future results of the Company’s operations and initiatives may differ from current expectations, and investors should not rely solely on the information contained herein. This material contains calculations that may not reflect precise results due to rounding.