Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. (Bank Bradesco) covers the month of May 2021, with the report signed on June 11, 2021. The filing serves as a disclosure of transactions involving securities and derivatives by the company's administration, family dependents, and controlled entities, in accordance with Instruction CVM No. 358/2002, Paragraph 11.
Key Financial Metrics and Shareholder Activity
The filing does not contain consolidated financial statements, revenue, profit, or cash flow data. Instead, it details specific shareholding movements and balances for May 2021:
- Group and Family Dependents: Held a static balance of 3,465,074,947 Common Shares (35.65% total participation) and 110,061,004 Non-Voting Shares (1.13% total participation). No transactions occurred.
- Board of Executive Officers:
- Opening Balance: 61,427 Common Shares; 1,523,362 Non-Voting Shares.
- Transactions: Net sale of 21,780 Non-Voting Shares.
- Purchases: 2,000 Non-Voting Shares for R$ 47,680.00.
- Sales: 23,780 Non-Voting Shares for R$ 570,218.52.
- Closing Balance: 61,427 Common Shares; 1,501,582 Non-Voting Shares.
- Treasury:
- Transactions: Net purchase of 1,006,900 shares.
- Common Shares: Purchased 541,500 shares for R$ 12,017,792.00.
- Non-Voting Shares: Purchased 465,400 shares for R$ 11,832,906.00.
- Closing Balance: 541,500 Common Shares; 465,400 Non-Voting Shares.
- Transactions: Net purchase of 1,006,900 shares.
- Technical and Advisory Agencies: Purchased 850 Non-Voting Shares for R$ 20,427.00.
Material Changes
For the vast majority of the company's controlled and related entities listed in the filing (including Bradesco Leasing, Cielo, Alelo, and numerous holding companies), there were no operations with securities or derivatives in May 2021. The only material changes in shareholding occurred within the Board of Executive Officers (net reduction) and the Treasury (net increase).
Guidance, Outlook, and Risks
The filing includes a standard Forward-Looking Statements disclaimer. It notes that statements regarding future economic circumstances, industry conditions, and company performance are based on management's current views and estimates. These statements are subject to risks and uncertainties, including general economic and market conditions, which could cause actual results to differ materially from expectations. No specific financial guidance or outlook was provided in this document.
Investor Verification Checklist
- Verify the net reduction in shareholding by the Board of Executive Officers (21,780 Non-Voting shares sold).
- Confirm the Treasury's net accumulation of over 1 million shares (541,500 Common and 465,400 Non-Voting) totaling approximately R$ 23.85 million.
- Note that the controlling Group and Family Dependents maintained a static position with no trading activity.
- Confirm that no trading activity occurred for the extensive list of controlled subsidiaries and related companies.