Bradesco Completes R$10B Rights Offering Auction, Board Ratifies Capital Increase
BBD sits 36% above its 52-week low of $2.98.
Summary
Bradesco completed the auction of remaining unsubscribed shares from its R$10 billion rights offering, selling all 16.1 million receipts for R$283.3 million. The board ratified the full capital increase, pending Central Bank approval.
Key Events · Financing and Capital Events · BBD
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Auction of Remaining Unsubscribed Shares Completed
All 16,058,511 receipts were sold on October 2, 2026 — 1,505,454 common shares at R$15.50 and 14,553,057 preferred shares at R$17.86 — generating R$283,252,135.02 in gross proceeds.
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Board Ratifies R$10 Billion Capital Increase
The board approved ratification of the full R$10,000,000,000.00 capital increase with total subscription of 604,852,753 new shares (302,876,396 common and 301,976,357 preferred).
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Auction Premium Allocated to Capital Reserve
The R$3,307,054.32 premium from the auction (R$0.07 per common share and R$0.22 per preferred share) will be allocated to capital reserve.
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Pending Central Bank Ratification
The capital increase remains subject to ratification by BACEN; upon approval, capital stock will increase from R$93.77 billion to R$103.77 billion, represented by 11,196,864,781 shares.
Analysis · BBD · Finance
Bradesco sold all remaining unsubscribed shares from its R$10 billion rights offering at auction, generating R$283.3 million in gross proceeds and completing the full subscription of 604.9 million new shares. The board ratified the capital increase on the same day, moving the bank closer to finalizing a capital raise that strengthens its balance sheet but dilutes existing shareholders. The deal still requires Central Bank of Brazil approval before shares are credited and the capital stock officially increases to R$103.77 billion.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, BBD was trading at $4.05 on NYSE in the Finance sector, with a market capitalization of approximately $38.5B. The 52-week trading range was $2.98 to $4.30. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.