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Helbor Empreendimentos SA (HBOR3.SA)

HBOR3.SA on Sao Paolo Stock Exchange

21 Jul 2017
Change (% chg)

R$ 0.06 (+2.65%)
Prev Close
R$ 2.26
R$ 2.35
Day's High
R$ 2.45
Day's Low
R$ 2.31
Avg. Vol
52-wk High
R$ 3.68
52-wk Low
R$ 1.39

Latest Key Developments (Source: Significant Developments)

Helbor Empreendimentos to run capital hike of up to BRL 120 million
Thursday, 22 Sep 2016 12:44pm EDT 

Helbor Empreendimentos SA : Said on Wednesday its board of directors approved to run a share capital increase of up to 120.0 million Brazilian reais ($37.3 million), that is from 806.4 million reais to 926.4 million reais, through a private issue of up to 68.2 million new ordinary shares . Controlling shareholders have agreed to subscribe to between 36.6 million and 39.8 million new shares . Price of the share issue is 1.76 real . To ratify the increase in case of subscription for at least 56.8 million shares, corresponding to 100.0 million reais .Intends to increase the capital in order to reduce net debt and current level of leverage.  Full Article