GPA actions melt with balance and election of the new board of directors on the radar of the market (Image: Renan Dantas/Money Times)
THE GPA (PCAR3) faces a difficult day in Scholarshipwith a drop of over 21% in the trading session on Tuesday (6). In the background, two important events press the actions: The balance of the first quarter of 2025 and the election of a new advice.
The Company’s Extraordinary General Assembly (AGE), held on Monday (5), approved by 303,412,393 votes for the full dismissal of the former board of directors – one of the main objectives of the entrepreneur Nelson Tanurewhich fostered the convening of the meeting through the Saint German Fund.
However, Tanure also faced a defeat, as he failed to get the three names of the new plate he had articulated.
Two of the three names linked directly to it, Pedro Borba and Rodrigo Tostesthey ended up withdrawing their candidacies before the vote, emptying the attempt to consolidate control over the new composition of the board. In the end, the name the entrepreneur was able Sebastián Los.
“We only chose to elect an independent candidate of our trust, with deep knowledge of the retail market, as a way to protect our investment, in view of the difficult scenario we foresee for the GPA,” Tanure told Reuters news agency.
According to a Broadcast source, Nelson Tanure is dismantling the position he had set up in April, in view of the high -ranking result of the expected company.
The balance showed a consolidated net loss of R $ 169 million node 1T2574.4% lower than the damage reported in the same period in 2024.
The figure considers the results of continued and discontinued operations in 2021 and 2024. The consensus gathered by Bloomberg pointed to a net loss of R $ 189 million from January to March this year.
For analysts, the 1T25 balance was “mixed”, with operational improvements overshadowed by still high indebtedness.
Around 3:30 pm (Brasília time, PCAR3 It melted 19.69%, at R $ 3.06. Follow the real time.
Rafael Ferri in the GPA
Who surprised was Rafael Ferriknown investor among small scholarship investors on social networks. He won the largest individual vote among the council candidates, with 320.8 million votes, and secured one of nine vacancies – in an election under the multiple voting system, which was eventually adopted by shareholders’ application during the assembly.
In addition, another name linked to Ferri’s group also got a seat on the council: Edison Ticle. André Coelho Diniz, director of the retailer Minas Gerais Coelho Diniz, was also elected.
The other approved names were: Marcelo Pimentel (current CEO), Ronaldo Iabrudi, Christophe Hidalgo, Helene Bitton, André Diniz and Lebanon Barroso.
Also in an interview with Reuters, Ferri, whose group elected two members on the board, said he arrived with a “constructive” stance. He said he intends to give more visibility to what has been done on the network, and that many are unaware of, besides being open to discussing ideas that are positive for the group.
Still last Monday (5), Ferri reduced his stake to less than 5%. According to the GPA, the investor informed the company that their participation in the company fell to 2.73%, including derivatives, and that its goal with the change in the slice “is strictly investment”.
GPA CEO Marcelo Pimenta told the Money Timesthat the participation of shareholders was very good and the result, in fact, represents the will of the Assembly.
“There is a good mix that will be able to contribute to the company. All very experienced and able to help us continue this project,” he said.
*With information from Reuters, your money and Broadcast
Source: Moneytimes
I am an author and journalist with a focus on market news. I have worked for a global news website for the past two years, writing articles on a range of topics relating to the stock market. My work has been published in international publications and I have delivered talks at both academic institutions and business conferences around the world.
