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Azul S.A. Proposes Share Conversion at Upcoming Shareholder Meetings
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Azul S.A. Proposes Share Conversion at Upcoming Shareholder Meetings

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An announcement from Azul SA ( (AZUL) ) is now available.

On February 4, 2025, Azul S.A. announced the scheduling of two virtual shareholder meetings on February 25, 2025: a Special Meeting for preferred shareholders and an Extraordinary General Meeting for all shareholders. The main agenda item is the proposed amendment to the company’s bylaws for the automatic conversion of preferred shares into common shares, pending approval from both preferred and common shareholders. This move aims to streamline the company’s share structure, potentially impacting shareholder value and market perception.

More about Azul SA

Azul S.A. is a Brazilian company operating in the aviation industry, primarily focusing on providing passenger and cargo air transportation services. The company is known for its extensive route network in Brazil and its market focus on connecting various cities across the country.

YTD Price Performance: 15.91%

Average Trading Volume: 1,447,432

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $237.3M

For an in-depth examination of AZUL stock, go to TipRanks’ Stock Analysis page.

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