Sendas Distribuidora Approves Financials and Capital Increase

Sendas Distribuidora (ASAI) has released an update.

Sendas Distribuidora’s Board of Directors approved its quarterly financial statements and a capital increase following the exercise of stock options, while also implementing changes to various corporate policies. These adjustments include updates to the company’s Audit Committee regulations and Securities Trading Policy, reflecting Sendas’s ongoing commitment to corporate governance. The company’s capital stock will be increased by issuing new common shares, maintaining Sendas’s strategic growth and shareholder value enhancement.

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