In brief
AxiaAxia EnergiaOrganizationFormerly Eletrobras, Brazil's largest power generator and transmission company, privatized in 2022 and listed on B3 as AXIA3.Open in the Market Map ↗ will redeem R$ 3.48 billion in preferred shares.
Payment is due November 6.
What we know
04Verified fact · material
On October 20, 2026, AxiaAxia EnergiaOrganizationFormerly Eletrobras, Brazil's largest power generator and transmission company, privatized in 2022 and listed on B3 as AXIA3.Open in the Market Map ↗ approved redeeming about 59.26 million class C preferred shares, 18.54% of the class, worth R$ 3.48 billion at R$ 58.72 per share.
Redemption.
Verified fact
According to Reuters, via UOL, the price matches the close on the day before the announcement.
Price.
Sources[03]
Transmission to assets
Market read-through
The deal continues AxiaAxia EnergiaOrganizationFormerly Eletrobras, Brazil's largest power generator and transmission company, privatized in 2022 and listed on B3 as AXIA3.Open in the Market Map ↗'s series of redemptions and simplifies its capital structure.
Portfolio impact
01Redemption returns cash to holders.
Cash outflow for the company.
What would change the view: Timely payment.
Direction is an explanatory hypothesis, not a forecast or recommendation.
Next signals
What to watch
- Take-up of common-share conversion
- Next redemption rounds
Limits of the reporting
What remains uncertain
- The final amount depends on how many holders choose conversion.