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IRB Brasil Resseguros SA (IRBR3.SA)

IRBR3.SA on Sao Paulo Stock Exchange

101.88BRL
16 Aug 2019
Change (% chg)

R$ 2.30 (+2.31%)
Prev Close
R$ 99.58
Open
R$ 100.00
Day's High
R$ 102.30
Day's Low
R$ 99.39
Volume
2,171,500
Avg. Vol
2,185,532
52-wk High
R$ 105.88
52-wk Low
R$ 56.22

Latest Key Developments (Source: Significant Developments)

Banco do Brasil CEO says there is room for higher profitability
Thursday, 9 May 2019 

May 9 (Reuters) - Banco do Brasil SA ::BANCO DO BRASIL CEO NOVAES SAYS BANK IS LIKELY TO REACH THE TOP RANGE OF ITS GUIDANCE FOR ALL ESTIMATES GIVEN.BANCO DO BRASIL CEO SAYS BANK INTENDS TO SELL ITS STAKE IN REINSURANCE CO IRB, BUT THERE IS NO DATE SET FOR IT.BANCO DO BRASIL CEO SAYS BANK HAS ALREADY HIRED ADVISORS TO SELL BB AMERICAS, BANCO PATAGONIA AND IRB.BANCO DO BRASIL CEO SAYS BANK HAS ALSO HIRED ADVISORS TO EXPLORE DEALS WITH ITS BROKERAGE AND INVESTMENT BANK UNITS.BANCO DO BRASIL CEO SAYS PRESIDENT BOLSONARO 'WAS JUST KIDDING' WHEN ASKED BANK TO REDUCE INTEREST RATES.BANCO DO BRASIL CEO SAYS BANK IS INDEPENDENT TO SET ITS INTEREST RATES.BANCO DO BRASIL CEO SAYS MARGINS ARE LIKELY TO BE UNDER PRESSURE AMID COMPETITION WITH FINTECHS.BANCO DO BRASIL CEO SAYS THERE IS ROOM FOR HIGHER PROFITABILITY IN THE COMING QUARTERS.BANCO DO BRASIL CEO RULES OUT DELISTING CARD PROCESSOR CIELO.  Full Article

Brazil's reinsurer IRB confirms Caixa fund will sell its stake in follow on offering - filing
Friday, 15 Feb 2019 

Feb 15 (Reuters) - IRB Brasil Resseguros SA ::BRAZIL'S REINSURER IRB CONFIRMS CAIXA FUND WILL SELL ITS STAKE IN FOLLOW ON OFFERING - FILING.  Full Article

Canada's Brookfield in talks to acquire 30% stake in Brazil sanitation firm -sources

SAO PAULO, Aug 1 Canada's Brookfield Asset Management is in talks to acquire a 30% stake in Brazilian sanitation company Brookfield Ambiental from the workers severance fund FGTS, two people with knowledge of the matter said.