CPPIB trims Ultrapar (NYSE: UGP) stake to 4.94% of common shares
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Ultrapar Participações S.A., listed in Brazil and on the NYSE through Ultrapar Holdings Inc., reported a change in one of its major shareholders. Canada Pension Plan Investment Board notified the company that as of June 1, 2026 its aggregate ownership fell to 4.94% of Ultrapar’s common shares, corresponding to 55,117,773 shares.
CPPIB stated that it does not intend to change Ultrapar’s control structure or management. The disclosure was made as a market announcement in line with CVM Resolution 44/21 and furnished to the SEC on Form 6-K for June 2026.
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Key Figures
CPPIB ownership percentage: 4.94% of common shares
CPPIB share count: 55,117,773 shares
Form type: Form 6-K
+2 more
5 metrics
CPPIB ownership percentage
4.94% of common shares
Aggregate ownership as of June 1, 2026
CPPIB share count
55,117,773 shares
Common shares held as of June 1, 2026
Form type
Form 6-K
Report of Foreign Private Issuer for June 2026
Brazilian rule cited
CVM Resolution 44/21
Basis for market announcement requirements
Date of announcement
June 2, 2026
Date of Ultrapar’s market announcement
Key Terms
Report of Foreign Private Issuer, Form 6-K, CVM Resolution 44/21, relevant ownership position, +1 more
5 terms
Report of Foreign Private Issuer regulatory
"Report of Foreign Private Issuer Pursuant to Rule 13a-16 Or 15d-16"
A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.
Form 6-K regulatory
"if the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F ____X____ Form 40-F ________"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
CVM Resolution 44/21 regulatory
"Ultrapar Participações S.A. ... in compliance with CVM Resolution 44/21, hereby informs"
relevant ownership position financial
"ULTRAPAR PARTICIPAÇÕES S.A. MARKET ANNOUNCEMENT Disposal of relevant ownership position"
aggregate ownership financial
"its aggregate ownership reached 4.94% of the total common shares issued"
FAQ
What did Ultrapar (UGP) disclose in its June 2026 Form 6-K?
Ultrapar disclosed that Canada Pension Plan Investment Board’s ownership in its common shares declined to 4.94%. The company reported CPPIB now holds 55,117,773 shares and made this announcement under CVM Resolution 44/21 as a market transparency measure.
How large is CPPIB’s current stake in Ultrapar (UGP)?
Canada Pension Plan Investment Board reported holding 4.94% of Ultrapar’s total common shares. This stake corresponds to 55,117,773 shares as of June 1, 2026, according to the notice received and disclosed by Ultrapar in the June 2026 Form 6-K filing.
Does CPPIB plan to change control or management at Ultrapar (UGP)?
CPPIB stated it does not intend to change Ultrapar’s control composition or administrative structure. The declaration was included in Ultrapar’s market announcement, providing assurance that the reported ownership change is not tied to governance or control initiatives.
Why did Ultrapar (UGP) disclose CPPIB’s ownership change?
Ultrapar disclosed CPPIB’s updated 4.94% ownership to comply with CVM Resolution 44/21 on material information. The rule requires timely market communication when significant shareholders report changes in their positions, helping ensure transparency for investors and market participants.
What dates are associated with the Ultrapar (UGP) ownership notice?
CPPIB’s 4.94% ownership position was effective as of June 1, 2026. Ultrapar’s market announcement is dated June 2, 2026, and the same day the company furnished the information to the U.S. Securities and Exchange Commission via a Form 6-K filing.
