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GERDAU S.A. - CONSOLIDATED INFORMATION
GGBGerdau(GGB) Prnewswire·2024-11-05 22:35

Financial Performance - Adjusted EBITDA for 3Q24 reached R3.0billion,representinga14.9 3.0 billion, representing a 14.9% increase compared to 2Q24 [1] - Total investments (CAPEX) in 3Q24 amounted to R 1.5 billion, with R589millionallocatedforMaintenanceandR 589 million allocated for Maintenance and R 920 million directed towards the Competitiveness of the Business Divisions [1] Shareholder Returns - A dividend distribution of R0.30pershare,totalingR 0.30 per share, totaling R 619.4 million, will be paid based on the results of 3Q24 [2] - The share buyback program resulted in the repurchase of 39.6 million shares by the end of October 2024, amounting to R$ 729.4 million [2] Regulatory Filings - The company has filed its 3Q24 results with the Securities and Exchange Commission (SEC) and the Comissão de Valores Mobiliários (CVM), which are accessible on Gerdau's website [3]