Banco Bradesco Board Buys R$43k Non-Voting Shares in Dec 2023

TL;DR

**Bradesco's Board bought R$43k in non-voting shares in December, a small but positive insider signal.**

AI Summary

Banco Bradesco S.A. filed a 6-K on January 11, 2024, reporting no operations with securities and derivatives by its controlling group and family dependants in December 2023. However, the Board of Directors did execute a buy operation of 2,500 non-voting shares on December 21, 2023, through Ágora C.T.V.M. S/A at a price of R$17.29 per share, totaling R$43,225.00. This matters to investors as it shows a small insider purchase by the Board of Directors, which can sometimes signal confidence in the company's future, even if the amount is minor.

Why It Matters

A small insider purchase by the Board of Directors, even if minor, can be interpreted as a positive signal of confidence in Banco Bradesco's future prospects, potentially influencing investor sentiment.

Risk Assessment

Risk Level: low — This filing reports a minor insider transaction and does not introduce significant new risks or changes to the company's financial standing.

Analyst Insight

A smart investor would note the minor insider purchase by the Board of Directors as a potential, albeit small, sign of confidence, but would not make significant investment decisions based solely on this small transaction. Further research into the company's fundamentals and broader market conditions is warranted.

Key Numbers

• 2,500 — Non-Voting Shares (quantity of non-voting shares purchased by the Board of Directors)
• R$17.29 — Price per Share (price at which non-voting shares were purchased by the Board of Directors)
• R$43,225.00 — Total Value (total value of the non-voting shares purchased by the Board of Directors)
• 3,811,582,439 — Common Shares (opening and closing balance of common shares held by the Controller's Group and Family Dependants)
• 121,067,106 — Non-Voting Shares (opening and closing balance of non-voting shares held by the Controller's Group and Family Dependants)

Key Players & Entities

• Banco Bradesco S.A. (company) — registrant filing the 6-K
• Board of Directors (person) — executed a buy operation of non-voting shares
• Ágora C.T.V.M. S/A (company) — broker for the share purchase
• R$43,225.00 (dollar_amount) — total value of non-voting shares purchased by the Board of Directors

Forward-Looking Statements

• The small insider purchase by the Board of Directors may lead to a slight positive sentiment in the short term. (Banco Bradesco S.A.) — low confidence, target: Q1 2024

FAQ

Filing Documents

• bbdcvm358dec23_6k.htm (6-K) — 4753KB
• 0001292814-24-000072.txt ( ) — 4754KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January, 2024 Commission File Number 1-15250 BANCO BRADESCO S.A. (Exact name of registrant as specified in its charter) BANK BRADESCO (Translation of Registrant's name into English) Cidade de Deus, s/n, Vila Yara 06029-900 - Osasco - SP Federative Republic of Brazil (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______ Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes _______ No ___X____ . CONSOLIDATE FORM Negociation's from Administration and Families Dependants In December 2023 there were not operations with securities and derivatives Company: Banco Bradesco S.A. Group and Family Dependants (x) Controller's Openning Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 3,811,582,439 71.5077 35.8158 Non-Voting Shares 121,067,106 2.2791 1.1376 Closing Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 3,811,582,439 71.5077 35.8158 Non-Voting Shares 121,067,106 2.2791 1.1376 CONSOLIDATE FORM Negociation's from Administration and Families Dependants In December 2023 were done the following operations with securities and derivatives Company: Banco Bradesco S.A. Group and Family Dependants (x)Board of Directors ( ) Board of Executive Officers ( ) Audit Committee ( ) Technical and Advisory Agencies Openning Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 17,869,096 0.3352 0.1679 Non-Voting Shares 42,419,723 0.7985 0.3986 Month Movement Type of Securities/Derivatives Broker Operation Day Quantity Price Value in R$ Non-Voting Shares Ágora C.T.V.M. S/A Buy 21-Dec 2,500 17.29000 R$ 43,225.00 Non-Voting Shares Total 2,500 R$ 43,225.00 Closing Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 17,407,266 0.3265 0.1635 Non-Voting Shares 41,114,387 0.7740 0.3863 Company: Bradesco Leasing S.A. Arrendamento Mercantil Group and Family Dependants (x)Board of Directors ( ) Board of Executive Officers ( ) Audit Committee ( ) Technical and Advisory Agencies Openning Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 0 0.0000 0.0000 Non-Voting Shares 0 0.0000 0.0000 Closing Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 0 0.0000 0.0000 Non-Voting Shares 0 0.0000 0.0000 Note: Member who left the Board of Directors: Carlos Alberto Rodrigues Guilherme CONSOLIDATE FORM Negociation's from Administration and Families Dependants In December 2023 were done the following operations with securities and derivatives Company: Banco Bradesco S.A. Group and Family Dependants ( )Board of Directors (X) Board of Executive Officers ( ) Audit Committee ( ) Technical and Advisory Agencies Openning Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 82,882 0.0015 0.0007 Non-Voting Shares 2,973,767 0.0559 0.0279 Month Movement Type of Securities/Derivatives Broker Operation Day Quantity Price Value in R$ Non-Voting Shares Ágora C.T.V.M. S/A Sell 28-Dec 6,800 17.07000 R$ 116,076.00 Non-Voting Shares Sell 15-Dec 1,000 17.42000 R$ 17,420.00 Non-Voting Shares Sell 28-Dec 100 17.07000 R$ 1,707.00 Non-Voting Shares Sell 4-Dec 3,047 16.25000 R$ 49,513.75 Non-Voting Shares Sell 6-Dec 1,200 16.45000 R$ 19,740.00 Non-Voting Shares Sell 5-Dec 2,291 16.30000 R$ 37,343.30 Non-Voting Shares Sell 27-Dec 11,672 16.95001 R$ 197,840.52 Non-Voting Shares Sell 19-Dec 2,400 17.47000 R$ 41,928.00 Non-Voting Shares Sell 1-Dec 2,289 16.29922 R$ 37,308.92 Non-Voting Shares Total 30,799 R$ 518,877.49 Closing Balance Type of Securities/Derivatives Quantity % of participation Same type of Shares Total Common Shares 82,882 0.0015 0.0007 Non-Voting Shares 2,773,434 0.0522 0.0260 Note: Member who left the Board of Executive Officers Klayton Tomaz dos Santos Marlos Francisco De Souza Araujo Antonio Carlos Melhado Adelmo Romero Perez Junior CONSOLIDATE FORM Negociation's from Administration and Families Dependan

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