Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. covers the month of September 2003 and was filed on October 8, 2003. The report details securities and derivatives transactions involving the company's administration, family dependents, and various governance bodies (Board of Directors, Executive Officers, and Audit Committee) in compliance with Instruction CVM No. 358/2002.
Key Financial Metrics
The filing does not provide consolidated financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the period. The document focuses exclusively on share ownership balances and specific trading activities.
| Entity | Share Class | Opening Balance (Qty) | Closing Balance (Qty) | Net Change |
|---|---|---|---|---|
| Group and Family Dependents | Common Shares | 513,608,461,696 | 513,608,461,696 | 0 |
| Group and Family Dependents | Non-Voting Shares | 17,745,430,092 | 17,745,430,092 | 0 |
| Board of Directors | Common Shares | 7,590,107,474 | 7,590,107,474 | 0 |
| Board of Directors | Non-Voting Shares | 7,795,378,912 | 7,816,378,912 | +21,000,000 |
| Board of Executive Officers | Common Shares | 709,308,365 | 709,308,365 | 0 |
| Board of Executive Officers | Non-Voting Shares | 1,452,364,924 | 1,450,392,880 | -1,972,044 |
| Audit Committee | Common Shares | 597,439,266 | 597,439,266 | 0 |
| Audit Committee | Non-Voting Shares | 211,207,298 | 211,207,298 | 0 |
Material Changes and Transactions
- Board of Directors Activity: On September 25, 2003, the Board purchased a total of 21,000,000 Non-Voting Shares via Bradesco S.A. C.T.V.M. The transactions occurred at prices ranging from R$ 11.75 to R$ 11.83, with a total value of approximately R$ 247,720.
- Board of Executive Officers Activity: On September 2, 2003, the Board sold 2,000,000 Non-Voting Shares at prices of R$ 12.90 and R$ 12.96. The filing lists the total value as R$ 25,860.00, which appears to be a typographical error in the source text given the share count and price (mathematically expected to be ~R$ 25.86 million).
- Ownership Adjustments: A note indicates that the difference in the Executive Officers' balance was partially caused by the inclusion of dependents (Ms. Felicia Rosset Sztajn and Ms. Wandernilze Aparecida Hernandes Pagani).
- No Activity: No securities or derivatives operations were reported for the Group and Family Dependents, Bradesco BCN Leasing S.A., or the Audit Committee during September 2003.
Guidance, Outlook, and Risks
The filing contains a standard Forward-Looking Statements disclaimer. It states that any projections regarding dividends, operating strategies, capital expenditures, or future financial results are based on management's current estimates and are subject to risks and uncertainties. There is no guarantee that expected events will occur. The document does not provide specific guidance, outlook figures, or new risk factors beyond this general disclaimer.
Investor Verification Checklist
- Verify the total transaction value for the Executive Officers' share sales (R$ 25,860.00 vs. expected ~R$ 25.86 million) to confirm if the source text contains a decimal error.
- Confirm the exact impact of the inclusion of dependents on the Executive Officers' share balance.
- Review the full quarterly or annual report (Form 20-F) for actual financial performance metrics (revenue, profit, liquidity) as this Form 6-K does not contain them.
- Monitor the concentration of ownership held by the Group and Family Dependents, which remains at approximately 64.29% of Common Shares and 2.25% of Non-Voting Shares.