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Major and Controlling Shareholders
The Company’s majority shareholder is VCL, who is wholly owned by Vale S.A, and domiciled at Praia de Botafogo, 186-Botafogo, Rio de Janeiro, Brazil.
Vale S.A.’s corporate capital as of December 31, 2021 was 5,132,458,410 common shares and twelve golden shares owned by the Brazilian Government.
Vale S.A.’s corporate capital as of December 31, 2021 was 5,132,458,410 common shares and twelve golden shares owned by the Brazilian Government.
Struktur Pemegang Saham Utama dan Pengendali Perusahaan
Company Majority and Controlling Shareholders Structure
The twelve golden shares have veto powers over certain actions, such as a change in name, location of the head office, and the Company’s purpose as it relates to mining activities.
As such, Vale S.A. is the Company’s Controlling Shareholder, due to its direct and indirect control.
The following table sets forth information regarding ownership of Vale S.A. shares as of February 28, 2023.
Photo: Vale / Image Bank
Name of Shareholders | Number of shares | Percentage (%) |
---|---|---|
The Capital Group Companies, Inc.¹ ²
|
639,065,707
|
13.373%
|
Previ
|
394,224,956
|
8.249%
|
Mitsui&co
|
286,347,055
|
5.992%
|
Blackrock, Inc.¹ ²
|
262,749,719
|
5.498%
|
¹ Position of the economic group ² Position on 01/31/2023