Summary by Moomoo AI
Vale S.A., a leading global mining company, has announced several key financial and operational events for the year ending December 31, 2023. The company's share capital remained at R$77.300 billion, corresponding to 4,539,007,580 shares issued. The Board of Directors approved various share buyback programs and the cancellation of treasury shares, resulting in the cancellation of 239,881,683 shares at a carrying amount of R$21.397 billion. Vale also declared shareholder remuneration, including dividends and interest on capital, amounting to R$30.032 billion for the year. The company's net debt stood at R$46.279 billion, a slight increase from the previous year's R$41.299 billion. Vale reported a net income of R$39.940 billion for the year, with a legal reserve cap reached in 2022. The company continued...Show More