Suzano S.A. Board Meeting Summary (Form 6-K)
Business Context and Reporting Period
Suzano S.A. held a Board of Directors meeting on December 4, 2024, via videoconference. The meeting focused on capital distribution decisions for the fiscal year ending December 31, 2024, based on retained earnings ascertained in the balance sheet dated September 30, 2024.
Key Financial Metrics and Capital Distribution
- Interest on Equity Declared: BRL 2,500,000,000.00 (Gross).
- Per Share Amount: BRL 2.017362506 per "ex-treasury" share.
- Payment Date: January 10, 2025 (Net of withholding tax).
- Record Date: December 16, 2024 (End of B3 trading session).
- Ex-Date: December 17, 2024.
The filing does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity metrics for the period.
Material Changes and Dividend Policy
The declared interest on equity will be attributed to the full amount of the minimum mandatory dividend required by the Company's Bylaws for the fiscal year ending December 31, 2024. Any residual amount of additional dividends for the fiscal year will be determined subsequently. This resolution was approved unanimously by the Board.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, or specific risks. It notes that payment to American Depositary Receipt (ADR) holders will be processed by The Bank of New York Mellon according to applicable procedures. Further details on payment procedures will be communicated via a Notice to Shareholders.
Key Facts for Investor Verification
- Verify the total number of "ex-treasury" shares outstanding to confirm the per-share calculation.
- Confirm the specific withholding tax rate applicable to the January 10, 2025 payment.
- Monitor the upcoming Notice to Shareholders for detailed payment instructions.
- Check subsequent filings for the declaration of any residual additional dividends for the 2024 fiscal year.