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IRB Brasil Resseguros SA (IRBR3.SA)

IRBR3.SA on Sao Paulo Stock Exchange

37.45BRL
14 Nov 2019
Change (% chg)

R$ 0.94 (+2.57%)
Prev Close
R$ 36.51
Open
R$ 36.54
Day's High
R$ 37.45
Day's Low
R$ 36.31
Volume
4,137,300
Avg. Vol
7,010,932
52-wk High
R$ 39.57
52-wk Low
R$ 23.38

Latest Key Developments (Source: Significant Developments)

Banco do Brasil CEO says there is room for higher profitability
Thursday, 9 May 2019 

May 9 (Reuters) - Banco do Brasil SA ::BANCO DO BRASIL CEO NOVAES SAYS BANK IS LIKELY TO REACH THE TOP RANGE OF ITS GUIDANCE FOR ALL ESTIMATES GIVEN.BANCO DO BRASIL CEO SAYS BANK INTENDS TO SELL ITS STAKE IN REINSURANCE CO IRB, BUT THERE IS NO DATE SET FOR IT.BANCO DO BRASIL CEO SAYS BANK HAS ALREADY HIRED ADVISORS TO SELL BB AMERICAS, BANCO PATAGONIA AND IRB.BANCO DO BRASIL CEO SAYS BANK HAS ALSO HIRED ADVISORS TO EXPLORE DEALS WITH ITS BROKERAGE AND INVESTMENT BANK UNITS.BANCO DO BRASIL CEO SAYS PRESIDENT BOLSONARO 'WAS JUST KIDDING' WHEN ASKED BANK TO REDUCE INTEREST RATES.BANCO DO BRASIL CEO SAYS BANK IS INDEPENDENT TO SET ITS INTEREST RATES.BANCO DO BRASIL CEO SAYS MARGINS ARE LIKELY TO BE UNDER PRESSURE AMID COMPETITION WITH FINTECHS.BANCO DO BRASIL CEO SAYS THERE IS ROOM FOR HIGHER PROFITABILITY IN THE COMING QUARTERS.BANCO DO BRASIL CEO RULES OUT DELISTING CARD PROCESSOR CIELO.  Full Article

Brazil's reinsurer IRB confirms Caixa fund will sell its stake in follow on offering - filing
Friday, 15 Feb 2019 

Feb 15 (Reuters) - IRB Brasil Resseguros SA ::BRAZIL'S REINSURER IRB CONFIRMS CAIXA FUND WILL SELL ITS STAKE IN FOLLOW ON OFFERING - FILING.  Full Article

UPDATE 2-Shareholders in Brazilian reinsurer IRB raise $2 bln in offering

SAO PAULO, July 19 The Brazilian government and state-controlled insurance company BB Seguros raised 7.4 billion reais ($1.99 billion) in a share offering by reinsurer IRB Brasil Resseguros SA, the company said on Friday.