Méliuz proposes R$ 160 million capital social reduction for reserve formation
Brazilian fintech Méliuz board approved a plan to cut its share capital by R$ 160 million to build a corresponding reserve fund without cash dividends.
Méliuz, a Brazilian financial technology firm, announced that its board of directors has approved a proposal to reduce its share capital by R$ 160 million. The company stated the entire reduction will be used to create a capital reserve of the same amount. No cash will be distributed to shareholders, and no new shares will be issued for cancellation. The move targets the figures reflected in Méliuz last financial report for the second quarter of 2026. Management argued this reported capital value exceeds what is currently required for operations and short-to-medium-term strategy needs. An extraordinary general assembly scheduled for September 25 must approve this proposal by shareholders before implementation.
