SÃO PAULO, Nov. 5, 2024 /PRNewswire/ — 3Q24 Highlights
Adjusted EBITDA (profits prior to passion, taxes, depreciation and amortization) of R$ 3.0 billion within the 3rd quarter, 14.9% upper in comparison to 2Q24.
Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$ 589 million used to be allotted to Upkeep and R$ 920 million used to be directed to the Competitiveness of the Trade Sections.
Dividend distribution within the quantity of R$ 0.30 consistent with proportion, similar to R$ 619,4 million, to be paid according to 3Q24 effects.
Percentage buyback program of Gerdau S.A., via the top of October 2024, 39.6 million stocks had been repurchased, similar to R$ 729.4 million.
Spare Data
Gerdau S.A. informs that it’s filling these days its 3Q24 effects on the Securities and Trade Fee (SEC) and on the Comissão de Valores Mobiliários (CVM), that are to be had at Gerdau’s site. To get entry to this record, please click on on https://ri.gerdau.com/en/notices-and-results/results-center/.
The 3Q24 Valuation Information could also be to be had at Gerdau’s site.
https://ri.gerdau.com/en/financial-information/valuation-guide/
SOURCE Gerdau S.A.
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