Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. covers the month of September 2003, with specific data reporting on securities and derivatives transactions for August 2003. The filing is submitted pursuant to Rule 13a-16 under the Securities Exchange Act of 1934 and complies with Instruction CVM No. 358/2002, Paragraph 11, regarding transactions by administration and family dependents.
Key Financial Metrics
The filing does not provide consolidated financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The document focuses exclusively on shareholding balances and specific trading activities of insiders and related parties.
| Entity | Share Class | Opening Balance (Qty) | Closing Balance (Qty) | Change |
|---|---|---|---|---|
| Banco Bradesco S.A. (Group & Family) | Common Shares | 513,608,461,696 | 513,608,461,696 | No Change |
| Banco Bradesco S.A. (Group & Family) | Non-Voting Shares | 17,745,430,092 | 17,745,430,092 | No Change |
| Banco Bradesco S.A. (Board of Directors) | Common Shares | 7,590,107,474 | 7,590,107,474 | No Change |
| Banco Bradesco S.A. (Board of Directors) | Non-Voting Shares | 7,795,378,912 | 7,795,378,912 | No Change |
| Banco Bradesco S.A. (Executive Officers) | Common Shares | 708,731,740 | 709,308,365 | +576,625 |
| Banco Bradesco S.A. (Executive Officers) | Non-Voting Shares | 1,442,010,948 | 1,452,364,924 | +10,353,976 |
| Bradesco Leasing S.A. (Group & Family) | Common Shares | 5 | 5 | No Change |
| Bradesco S.A. (Audit Committee) | Common Shares | 597,439,266 | 597,439,266 | No Change |
| Bradesco S.A. (Audit Committee) | Non-Voting Shares | 211,207,298 | 211,207,298 | No Change |
Material Changes and Transactions
While the Group and Family, Board of Directors, and Audit Committee reported no trading activity in August 2003, the Board of Executive Officers executed the following transactions:
- Purchases (August 6): Bought 576,625 Common Shares at R$ 9.00 (Total: R$ 5,189.62) and 20,354,096 Non-Voting Shares at prices ranging from R$ 11.10 to R$ 11.13 (Total: R$ 226,391.05).
- Sales (August 6 & 21): Sold 10,000,120 Non-Voting Shares. Transactions occurred on August 6 (120 shares) and August 21 (9,999,999 shares) at prices ranging from R$ 11.13 to R$ 12.55 (Total: R$ 123,961.33).
- Net Result: Executive Officers increased their Common Share holdings and increased their Non-Voting Share holdings by a net total of 10,353,976 shares.
Guidance, Outlook, and Risks
The filing contains a standard forward-looking statements disclaimer. It notes that statements regarding dividends, operating strategies, capital expenditure, and future financial results are based on management's current estimates and are subject to risks and uncertainties. No specific guidance, outlook, or management commentary on financial performance is provided in this document.
Investor Verification Checklist
- Verify the net increase in share ownership by Executive Officers against the company's insider trading policies.
- Confirm the total share count and percentage of participation for the controlling Group and Family (approx. 64.29% Common, 2.25% Non-Voting).
- Review the specific transaction dates and prices for Executive Officers to assess market timing relative to public announcements.
- Note that this filing does not contain financial performance data; refer to Form 20-F or quarterly reports for revenue and profit metrics.