Vale S.A. Discloses Related Party Transaction
Ticker: VALE · Form: 6-K · Filed: Nov 26, 2024 · CIK: 917851
| Field | Detail |
|---|---|
| Company | Vale S.A. (VALE) |
| Form Type | 6-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $101 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: related-party-transaction, disclosure, corporate-governance
TL;DR
Vale S.A. filed a 6-K about a related party transaction, details TBD.
AI Summary
Vale S.A. announced a transaction with a related party on November 26, 2024, in accordance with CVM Resolution No. 80. The filing does not disclose the specific details of the transaction or the name of the related party, only that it is a communication of a transaction with a related party.
Why It Matters
This filing indicates a transaction involving a related party, which could have implications for corporate governance and financial reporting transparency.
Risk Assessment
Risk Level: medium — The lack of specific details about the related party transaction introduces uncertainty and potential governance concerns.
Key Players & Entities
- Vale S.A. (company) — Filer of the report
- CVM Resolution No. 80 (regulation) — Governing resolution for the disclosure
FAQ
What is the nature of the transaction with the related party?
The filing states it is a 'Communication of transaction with related party' but does not provide specific details about the nature of the transaction itself.
Who is the related party involved in this transaction?
The filing does not disclose the name of the related party.
What is the date of this announcement?
The announcement was made on November 26, 2024.
Under which regulation is this transaction being reported?
The transaction is being reported in accordance with Article 33, item XXXII, of CVM Resolution No. 80, dated March 29, 2022.
Does Vale S.A. file annual reports under Form 20-F or 40-F?
Vale S.A. indicates it files annual reports under cover of Form 20-F.
Filing Stats: 719 words · 3 min read · ~2 pages · Grade level 12.8 · Accepted 2024-11-26 07:29:05
Key Financial Figures
- $101 million — Amount involved in the transaction R$101 million Existing outstanding balance None re
Filing Documents
- vale20241126_6k.htm (6-K) — 20KB
- image_001.jpg (GRAPHIC) — 2KB
- 0001292814-24-004326.txt ( ) — 24KB
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Vale S.A. (Registrant) By: /s/ Thiago Lofiego Date: November 26, 2024 Director of Investor Relations