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Klabin Approves R$1.1 Billion in Interim Dividends and R$800 Million Bonus-Share Issue

Management says deleveraging will come from lower investment, not from curbing dividends.

Overview

  • The board approved R$1.112 billion in interim dividends to be paid in four equal installments of R$278 million.
  • The payout equals R$0.18238 per common or preferred share and R$0.91194 per unit, as disclosed in the market notice.
  • Dividends will be drawn from accumulated profits based on the balance dated September 30, 2025.
  • The capital increase via bonus shares totals R$800 million with the issuance of about 61,796,819 new shares.
  • At an investor event, the CEO said net leverage stands at 3.6x EBITDA and is expected to fall mainly through reduced capex, as the company outlined investments of R$2.9 billion in 2025, R$3.3 billion in 2026, R$2.8 billion in 2027, and R$2.5 billion in 2028.