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GOL Airlines Announces Capital Increase
Company Announcements

GOL Airlines Announces Capital Increase

Gol Linhas Aereas Inteligentes S.A. Sponsored Adr (GOLLQ) has released an update.

GOL Linhas Aéreas Inteligentes S.A., Brazil’s prominent domestic airline, has announced a capital increase through the exercise of options under its Stock Option Plan, approved by the Board of Directors. The capital increase amounts to BRL 2,918,462.54, resulting in a new share capital total of BRL 4,202,543,932.30, with the issuance of 1,113,917 new preferred shares at R$2.62 each. This move represents a dilution of approximately 0.0347% of the company’s total shares and 0.3289% of existing preferred shares.

For further insights into GOLLQ stock, check out TipRanks’ Stock Analysis page.

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