COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS) Form 6-K — Sep 18, 2026
Sabesp reported that EMAE shareholders approved the merger of all EMAE shares not held by Sabesp into Sabesp at an Extraordinary Shareholders' Meeting held September 16, 2026, following Sabesp shareholder approval on July 30, 2026, completing both shareholder votes needed for the transaction. Under the approved terms, EMAE holders will receive 1.3195 Sabesp common shares for each EMAE common or preferred share, with fractional Sabesp shares grouped and sold on B3. Dissenting EMAE shareholders may exercise withdrawal rights through October 19, 2026 at R$ 18.18 per share, based on June 30, 2026 book value.
Key figures
- Exchange Ratio
- 1.3195 Sabesp common shares per EMAE common or preferred share
- Prior Book Value Basis
- balance sheet approved at AGM with base date December 31, 2025
- Withdrawal Right Window
- 2026-09-18 to 2026-10-19
- Withholding Tax Brackets
- 15% up to R$5M gain; 17.5% on R$5-10M; 20% on R$10-30M; 22.5% above R$30M; 25% for certain foreign direct investors in favored tax jurisdictions or non-compliant NRIs
- Bookkeeping Agent Migration
- BTG Pactual to Itau Corretora effective 2026-10-01
- Prior Book Value Per Share BRL
- 16.09
- Nri Tax Documentation Deadline
- 2026-10-19
- Withdrawal Reimbursement Basis
- book value per EMAE share as of June 30, 2026
- Withdrawal Reimbursement Per Share BRL
- 18.18
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