Caixa Econômica Federal published, in the Official Gazette (DOU) of last Monday (10), the rules for using 50% of the Severance Indemnity Fund (FGTS) in the purchase of Eletrobras shares, in case of privatization. Together with the Correios, the electric energy company is the government’s priority for privatization.
The Eletrobras privatization model was defined in October 2021 by the Investment Partnership Program Council (CPPI), which provides for the sale of R$ 23 billion in shares.
+ Eletrobras employees decide on strike against change in health plan
+ Eletrobras plans to file a share offering request with the CVM and ADRs with the SEC in the 2nd quarter
Thus, workers can use half of their FGTS balances to purchase these papers – up to BRL 6 billion from the FGTS can be used to purchase shares, which will be made through FGTS-linked Privatization Mutual Funds (FMP-FGTS) .
The FMP-FGTS, according to Caixa, “are constituted in the form of an open condominium, in which exclusively individuals holding FGTS linked accounts participate”.
The practice is nothing new: in 2000, workers were able to use the FGTS to buy Petrobras shares. In 2002, the same happened with the mining company Vale.
According to a note from the Ministry of Economy to UOL, authorization from Congress or the FGTS Board of Trustees will not be required.
What are the rules?
– Workers can apply up to 50% of the value of the FGTS account, but those who invested in other funds, such as Petrobras or Vale, will have the amount discounted;
– Minimum of R$ 200 for the purchase of Eletrobras shares;
– Authorize the FMP chosen by the worker;
– Shares sold in the future return, in cash, to the FGTS;
– Consultation and debit request for application can be made through the FGTS application (android or iOS);
– Individuals without FGTS funds can also buy Eletrobras shares with investments between R$ 1 thousand and R$ 1 million;
– As there is no forecast for the privatization of Eletrobras in the 2022 Budget, the measure can only take place in 2023. There is no set date for purchasing the company’s shares.
know more
+ SP: Man dies standing, leaning against car, and scene scares residents on the coast
+ One twin became vegan, the other ate meat. Check the result
+ Reincarnation in history: an age-old belief
+ Andressa Urach asks for money on the internet: ‘Help me pay my card bill’
+ Horoscope: check today’s forecast for your sign
+ CNH: see what you need to know for the application and renewal
+ See which were the most stolen cars in SP in 2021
+ Expedition identifies giant squid responsible for ship sinking in 2011
+ Everything you need to know before buying a crockpot
+ US Agency warns: never wash raw chicken meat
+ What is known about fluorone?
+ Trick to squeeze lemons becomes a craze on social media
+ IPVA 2022 SP: see how to consult and pay the tax
#Caixa #defines #rules #purchase #Eletrobras #shares #FGTS