Homebuilder focused on affordable housing under the Minha Casa Minha Vida programme, owner of wood-frame builder Alea, listed on B3 as TEND3 and an Ibovespa member since September 2026.
Last 90 days
Marcos Cruz took over as Tenda CEO on September 8, 2026, replacing Rodrigo Osmo, who stays at Alea, on the same day TEND3 joined the Ibovespa, per InfoMoney, Seu Dinheiro and B3.
Updated September 11, 2026 · 2 verified articles
Market transmission
The stock tracks the Minha Casa Minha Vida budget and rules, construction costs, sales velocity and leverage, plus passive index flows.
Explanatory mechanism, not a forecast or recommendation.The FGTS Board of Trustees approved on September 10, at its 207th ordinary meeting, a R$ 500 million supplement to the 2026 housing-subsidy budget, from R$ 12.5 billion to R$ 13 billion, at the Ministry of Cities' request, for tiers 1 and 2 of Minha Casa Minha Vida; projected actual use is R$ 12.6 billion and the top-up gives room to shift funds between financial agents at year-end.
Tenda said on September 8 that Marcos Cruz took over as chief executive from Rodrigo Osmo, at the end of a three-month transition begun in May; Osmo stays in charge of Alea, the wood-frame housing subsidiary, through the first half of 2027 and then joins the board. The same day the Ibovespa portfolio that adds TEND3 and drops RECV3 and SLCE3 took effect.