General Questions about SulAmérica Shares
A company is publicly-traded when it has issued securities through an initial public offering (IPO) and is traded on at least one stock exchange or in the over the counter market. The operations must be authorized by the Brazilian Securities and Exchange Commission (CVM), the Brazilian capital markets regulator, which registers and authorizes stock exchange issuances for public distribution.
As a starter, the Securities, Commodities, and Futures Exchange of São Paulo (B3 S.A. – Brasil, Bolsa, Balcão) has made information available on its site and also has developed basic courses about investments in the stock market in addition to providing an FAQ with many common questions and responses.
The Company’s units (B3: SULA11) have been traded on B3’s Level 2 since October 5, 2007 and are also included in the portfolios of Differentiated Corporate Governance index – IGC and Differentiated Tag-Along index – ITAG. On January 6, 2020 the Company’s units were included in the Ibovespa, main index of B3.
Each ‘Unit’ is comprised of three shares, one ordinary and two preferreds. The units are bought and/or sold on the market with the three shares together as one entity. Holders of units have the same rights, advantages, and restrictions as the Ordinary Shares and Preferred Shares which comprise the units, including participation in Annual General Meetings of the Company and the ability to exercise all powers conferred upon the shares underlying the units, to fully receive all dividends and other earnings of any nature that may be declared from the ownership date, and all other rights set forth as per Brazilian Securities Law, in the Level 2 Corporate Governance Practices and in the Bylaws of the Company.
Banco Itaú S.A. is the custodian of SulAmérica’s shares in Brazil. The Company‘s custodian agent is the institution in Brazil which registers the shares in the name of those who buy them, and guarantees their ownership of these shares.
Custodian Bank: Banco Itaú Unibanco S/A
- Business days, 9 am to 6 pm
- +55 11 3003 9285 – Capital cities and metropolitan areas
- 0800 720 9285 – Other locations
Our unit prices can be tracked on the SulAmérica Investor Relations website (with a 15 minute lag for pricing updates). Further, in the section Stock Alert, users can register to receive e-mail alerts when needed or when the stock price reaches certain levels.
Banco Itaú acts as the transfer agent for SulAmérica’s shares.
Individual Shareholders may obtain key information for controlling their investments, such as ownership position, statement of transactions, notice of payments, statement of incomes and subscription orders, over the Internet.
For accountholders of Itaú, to consult this information simply access your account at www.itau.com.br. Through the Checking Account menu you can access your Income Statement and other information on the Book-entry Shares can be consulted through Itaú.
If you are not an accountholder at Banco Itaú, you may access information on your shareholdings through the exclusive portal for shareholders at Itaú Corretora (www.itaucorretora.com.br). In this case, select the tab Non-account holder > I want to register and just follow the step-by-step instructions.
All of the material fact statements, results announcements and additional market communications of SulAmérica are released simultaneously at the CVM/B3 and on the Company’s Investor Relations website (http://www.sulamerica.com.br/ir). Afterwards, an email is sent to those who have registered on the Investor Relations website and wish to receive information through the Alert Email.
The complete financial statements are published annually in the Valor Econômico newspaper and in the Diário Oficial do Estado do Rio de Janeiro. Quarterly financial statements, press releases, presentations, material fact statements and notices to shareholders are available on the SulAmérica investor relations website (http://www.sulamerica.com.br/ir). Other information about the Company can also be obtained at the B3 S.A. – Brasil, Bolsa, Balcão (http://www.b3.com.br) and the Brazilian Securities Exchange Commission (http://www.cvm.gov.br) websites.
Click here in the following section Investor Services > IR Calendar.
The Company has 1,182,461,903 shares.
Since not all of the shares are grouped into units (e.g. the shareholder Sulasapar Participações has mainly ordinary shares which are not grouped in units), to calculate SulAmérica’s Market Cap, you must divide the total number of shares by three (1 unit = 3 shares) and multiply it by the market price of the unit listed on the exchange, as follows:
Market Cap = unit price x (number of Total Shares / 3)
SulAmérica’s shareholders can check their holdings with the Company’s custodian agent, Itaú or with your securities broker.
Click here to see the corporate governance policies: Corporate Governance > Policies and Charters, and click on Compensation Policy.
Last update: September 14, 2020