Business Context and Reporting Period
This Form 6-K filing by Banco Bradesco S.A. covers the month of April 2004, with the report filed on May 26, 2004. The document details transactions in securities and derivatives involving the company's administration, family dependents, Board of Directors, Executive Officers, and Audit Committee, in compliance with Instruction CVM No. 358/2002, Paragraph 11.
Key Financial Metrics and Transactions
The filing does not provide consolidated revenue, profit, cash flow, or debt metrics for the period. Instead, it reports specific share transaction volumes and values:
- Group and Family Dependents: Sold a total of 168,321 Non-Voting Shares in April 2004. The aggregate value of these sales was approximately R$ 23,875,081.80.
- Board of Directors: Transferred 1 Common Share (no monetary value listed).
- Board of Executive Officers: Purchased 100 Non-Voting Shares for R$ 13,710.00.
- Audit Committee: Purchased 200 Non-Voting Shares for R$ 27,170.00.
- Ownership Structure (Closing Balance - Group/Family):
- Common Shares: 51,610,590 (32.54% of total shares).
- Non-Voting Shares: 2,111,319 (1.33% of total shares).
Material Changes Versus Prior Period
The filing does not provide comparative financial data for the prior period to assess material changes in revenue or profitability. Regarding shareholdings:
- The Group and Family Dependents significantly reduced their holding of Non-Voting Shares from 2,279,640 to 2,111,319 during April 2004.
- The Board of Directors increased their Common Share holding by 1 unit.
- The Board of Executive Officers and Audit Committee slightly increased their Non-Voting Share holdings.
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 performance are based on management's current estimates and are subject to risks and uncertainties. No specific guidance, outlook, or management commentary on financial results is provided in this document.
Important Facts for Investor Verification
- Verify the impact of the 168,321 Non-Voting Shares sold by the controlling Group and Family on the company's control structure and market sentiment.
- Confirm the exact closing share price range (approx. R$ 140.00 - R$ 144.30) against broader market indices for April 2004.
- Note that this filing is strictly a disclosure of insider-related transactions and does not contain the company's quarterly financial statements (revenue, net income, or cash flow).
- Review the full Form 20-F or subsequent quarterly reports for comprehensive financial performance data.