Vale (VALE) ownership rises for Capital World Investors to 5.02% stake
Rhea-AI Filing Summary
Vale S.A. reports that Capital World Investors has increased its ownership in the company to 227,690,911 common shares, representing 5.02% of Vale’s total issued shares. This reflects a rise from 209,240,060 common shares, or 4.61%, previously managed by Capital World Investors.
The notice explains that these are minority investments and do not change Vale’s control or management structure. Other divisions of Capital Research and Management Company also manage stakes in Vale, including 55.505.015 and 19.059.718 common shares through Capital Research Global Investors and Capital International Investors. The correspondence states there are no related derivative instruments or voting agreements involving Vale’s shares.
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FAQ
What ownership change in Vale (VALE) did Capital World Investors report?
Capital World Investors reported that it now manages 227,690,911 common shares of Vale S.A., representing 5.02% of the company’s total issued shares, up from 209,240,060 shares (4.61%).
Does the increased Capital World Investors stake change control of Vale (VALE)?
No. The filing states these are minority investments and that the increase in Capital World Investors’ ownership does not change Vale’s control or management structure.
How much Vale stock do other Capital Research divisions hold?
According to the notice, Capital Research Global Investors manages 55.505.015 common shares and Capital International Investors manages 19.059.718 common shares of Vale.
Are there derivatives or voting agreements linked to Vale (VALE) shares?
The correspondence states there are no securities or derivative instruments referencing Vale’s shares and no agreements on voting rights or the purchase and sale of Vale securities involving Capital World Investors or related persons.
What triggered Vale’s disclosure of Capital World Investors’ stake?
Vale explains it received correspondence under Article 12 of CVM Resolution No. 44/21 after Capital World Investors’ shareholding reached 5.02% of total issued shares, which is considered a relevant increase.
Who signed the Vale (VALE) report related to this ownership change?
The report was signed on behalf of Vale S.A. by Thiago Lofiego, Director of Investor Relations, and also includes a statement by Marcelo Feriozzi Bacci, Executive Vice President, Finance and Investor Relations.
