Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. (Bank Bradesco) covers the month of September 2006, with the report signed on October 10, 2006. The document serves as a regulatory disclosure pursuant to Instruction CVM No. 358/2002, Paragraph 11, detailing securities and derivatives transactions conducted by the company's administration, family dependents, and various governance bodies.
Key Financial Metrics
The filing text does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document is strictly limited to reporting share ownership balances and specific trading volumes for insiders and related parties.
| Entity | Share Class | Opening Balance (Qty) | Closing Balance (Qty) | Net Change |
|---|---|---|---|---|
| Group and Family Dependants | Common Shares | 308,700,320 | 309,299,120 | +598,800 |
| Group and Family Dependants | Non-Voting Shares | 20,123,775 | 19,624,443 | -499,332 |
| Board of Executive Officers | Common Shares | 241,868 | 241,668 | -200 |
| Board of Executive Officers | Non-Voting Shares | 644,019 | 643,540 | -479 |
Material Changes
Material changes reported in this filing are restricted to the following insider trading activities during September 2006:
- Group and Family Dependants: Executed a credit exchange of 598,800 Common Shares and a debit exchange of 499,332 Non-Voting Shares on September 28. No price or value data was provided for these specific exchange operations.
- Board of Executive Officers: Engaged in multiple buy and sell transactions. Notable sales included 500 Non-Voting Shares on September 12 at R$ 72.15 and 200 Common Shares on September 28 at R$ 68.00. Purchases included 21 Non-Voting Shares on September 5 at R$ 70.99.
- Other Bodies: The Board of Directors, Audit Committee, and Technical and Advisory Agencies reported no operations, with opening and closing balances remaining identical.
Guidance, Outlook, and Risks
The filing contains a standard Forward-Looking Statements disclaimer. It notes that any statements regarding future economic circumstances, industry conditions, company performance, dividend declarations, or capital expenditure plans are based on management's current estimates. The document explicitly states that there is no guarantee expected events will occur and that actual results may differ materially due to risks and uncertainties, including general economic and market conditions.
Investor Verification Checklist
- Verify the total shareholding percentage of the controlling Group and Family Dependants (approx. 31.57% total participation) against the company's latest 20-F annual report.
- Confirm the specific nature of the "Credit Exchange" and "Debit Exchange" transactions for the Group, as price and value data were omitted in this filing.
- Review the full quarterly financial report (20-F or local equivalent) for September 2006 to obtain actual revenue, profit, and liquidity metrics, as they are absent here.
- Monitor subsequent filings for any changes in the Board of Executive Officers' holdings following the net reduction observed in September.