Press Release: GERDAU S.A. - CONSOLIDATED INFORMATION

Dow Jones11-06

GERDAU S.A. - CONSOLIDATED INFORMATION

PR Newswire

SÃO PAULO, Nov. 5, 2024

SÃO PAULO, Nov. 5, 2024 /PRNewswire/ -- 3Q24 Highlights

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 3.0 billion in the third quarter, 14.9% higher compared to 2Q24.

Investments (CAPEX) totaled R$ 1.5 billion in 3Q24, of which R$ 589 million was allocated to Maintenance and R$ 920 million was directed to the Competitiveness of the Business Divisions.

Dividend distribution in the amount of R$ 0.30 per share, equivalent to R$ 619,4 million, to be paid based on 3Q24 results.

Share buyback program of Gerdau S.A., by the end of October 2024, 39.6 million shares were repurchased, equivalent to R$ 729.4 million.

Additional Information

Gerdau S.A. informs that it is filling today its 3Q24 results at the Securities and Exchange Commission $(SEC.UK)$ and at the Comissão de Valores Mobiliários $(CVM)$, which are available at Gerdau's website. To access this document, please click on https://ri.gerdau.com/en/notices-and-results/results-center/.

The 3Q24 Valuation Guide is also available at Gerdau's website.

https://ri.gerdau.com/en/financial-information/valuation-guide/

View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-302296997.html

SOURCE Gerdau S.A.

/CONTACT: Investor Relations: inform@gerdau.com

(END) Dow Jones Newswires

November 05, 2024 17:35 ET (22:35 GMT)

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To access this document, please click on https://ri.gerdau.com/en/notices-and-results/results-center/. \n\n\n     The 3Q24 Valuation Guide is also available at Gerdau's website. \n\n\n     https://ri.gerdau.com/en/financial-information/valuation-guide/ \n\n\n      View original content:https://www.prnewswire.com/news-releases/gerdau-sa--consolidated-information-302296997.html \n\n\n     SOURCE Gerdau S.A. \n\n\n       /CONTACT: Investor Relations: inform@gerdau.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 05, 2024 17:35 ET (22:35 GMT)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481668503"}