#Brazil #São Paulo #dividends #Itaú Unibanco #Share Cancellation

Itaú Unibanco Announces Dividends and Share Cancellation Plans

Itaú Unibanco Holding S.A. recently declared an important decision regarding its shareholders that speaks volumes about its commitment to enhancing shareholder value. The company has approved the payment of dividends and interest on capital, alongside a notable cancellation of shares. This development is crucial for current and prospective investors alike.

Key Details of the Announcement

On November 27, 2025, the company’s Board of Directors confirmed that it will distribute a total of BRL 23.4 billion in dividends and interest on capital to its shareholders. The dividends will amount to BRL 1.868223 per share, and the interest on capital (IoC) will offer BRL 0.369750 per share, which nets to BRL 0.3142875 after a 15% tax deduction. These payments will be executed on two dates: the dividends on December 19, 2025, and the interest on capital by April 30, 2026.

The shares will begin trading without rights on December 10, 2025, allowing investors who purchase shares after this date to miss out on these payments. Notably, the dividend and interest amounts will be consistent for both common (ITUB3) and preferred (ITUB4) shares, ensuring equal treatment among shareholders.

Impacts of Share Cancellation

In addition to these distributions, Itaú Unibanco also revealed plans to cancel 78,850,638 preferred shares worth around R$ 3 billion. This move, permissible under the current Buyback Program, aims to streamline its equity structure without decreasing the subscribed share capital.

With this cancellation, Itaú Unibanco's new capital structure is set to include 10,705,698,245 book-entry shares with no par value. Of these, 5,454,119,395 are common shares while 5,251,578,850 are preferred shares. Adjustments in the company’s Bylaws reflecting this change will await ratification at the upcoming General Shareholders' Meeting.

Commitment to Shareholder Value

This proactive approach by Itaú Unibanco demonstrates a steadfast commitment to not only return value to its shareholders but also uphold transparency in its dealings. The implications of these changes underline the ongoing focus on providing meaningful financial returns while maintaining a robust corporate governance structure.

Investors seeking further information regarding these significant announcements can visit Itaú Unibanco's Investor Relations platform and follow the path: Menu > Investor services > Contact IR.

This strategic decision reflects Itaú Unibanco's solid commitment to stakeholder engagement and satisfaction, reinforcing its position within the competitive banking landscape. As the financial environment evolves, the bank shows no signs of faltering in its efforts to sustain and enhance shareholder value through calculated financial maneuvers and transparency.

In summary, these recent declarations not only reflect positively on Itaú Unibanco's operational strategies but also project confidence in its market performance, presenting a compelling case for investors to consider their stakes in the bank moving forward. Ensuring accessible information and active shareholder engagement stands at the forefront of Itaú's objectives, preparing it for continued success in the financial sector.