In Brazil, Bradesco shares are traded on B3 – Brasil, Bolsa, Balcão with the BBDC3 (common shares) and BBDC4 (preferred shares) tickers and they are listed in Level 1 Corporate Governance. Abroad, they are traded in the United States (New York Stock Exchange – NYSE) and in Spain (Madrid Stock Exchange – Latibex). On the NYSE, in the form of ADRs – American Depositary Receipts, it has the tickers BBDO (common shares) and BBD (preferred shares). On Latibex it has the XBBDC ticker.
Common shares give the right to vote in shareholders’ meetings, in addition to having a 100% “Tag along”. Preferred shares entitle the holder to a dividend payment per share 10% higher than that paid for common shares and hold an 80% “Tag along”.
In 1Q21, the total average daily volume traded (B3 and NYSE) was R$2,162 million, 36.3% higher than the R$1,586 million in 2020. On the B3, the average daily volume traded reached R$1,373 million, 26.1% above the R$1,089 million traded in 2020 and responsible for 63.5% of the total traded. While on the NYSE, the average daily volume traded reached R$789 million, 58.8% above the R$497 million in 2020.
The net payout¹ in 1Q21 reached 30%, totaling R$2.1 billion distributed in dividends and interest on capital.
¹Net accounting income after legal reserve adjustment accumulated in the last 12 months.
Note: In April 2021, a new share repurchase program was launched, in force until April 2022, which allows the acquisition of up to 97,190,795 shares (of which up to 48,705,792 are common shares and up to 48,485,003 are preferred shares), which represent 1% of the total shares in circulation.