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    VALE3   BRVALEACNOR0

VALE S.A.

(VALE3)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 07/30
108.76 BRL   -5.89%
07/30VALE S A : Report of Governance 2021
PU
07/30VALE S A : UBS Adjusts Vale's Price Target to $24 From $22, Maintains Buy Rating
MT
07/29VALE S A : Polymetal International plc - Ollie Oliveira appointment at Vale S.A.
AQ
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Vale S A : Excerpt of the minutes of the extraordinary Board of Directors meeting

06/17/2021 EDT

LISTED COMPANY

CORPORATE TAX CODE (CNPJ) No. 33.592.510/0001-54

BOARD OF TRADE REGISTRATION (NIRE) No. 33.300.019.766

EXCERPT OF THE MINUTES OF THE

ORDINARY BOARD OF DIRECTORS MEETING

On June 17, 2021, at 09:00 am, met, by videoconference, Messrs. José Luciano Duarte Penido - Chairman, Fernando Jorge Buso Gomes - Vice-Chairman, Eduardo de Oliveira Rodrigues Filho, José Maurício Pereira Coelho, Ken Yasuhara, Lucio Azevedo, Marcelo Gasparino da Silva, Mauro Gentile Rodrigues da Cunha, Murilo Cesar Lemos dos Santos Passos, Rachel de Oliveira Maia, Roberto da Cunha Castello Branco and Roger Allan Downey. Mr. Luiz Gustavo Gouvêa was present as Governance Secretary of Vale. Thus, the Board of Directors unanimously approved the following: "REMUNERATION TO VALE SHAREHOLDERS - (...) the Board of Directors approved, with a favorable report of the Financial Committee and without any restriction from the Fiscal Council, as reported by the Chairman of the Fiscal Council Marcelo Amaral Moraes, present at the meeting, the payment, on 06.30.2021, of the remuneration to shareholders in the total gross amount of R$11,045,540,000.00 in the form of dividends, corresponding to the total gross amount of R$2,177096137 per outstanding common share and per preferred share of the special class issued by Vale. Of the total amount mentioned above, R$3,634,000,000.00 are declared based on the balance sheet drawn up on 03.31.2021 and refer to the anticipation of the allocation of the result for the year 2021 and R$7,411,540,000.00 refer to profit reserves contained in the balance sheet of 12.31.2020. It was highlighted that, considering the validity of the Share Buyback Program approved on 04.01.2021, the gross amount per share mentioned above may vary if there is a change in the number of outstanding shares of the Company until 06.23.2021, cutoff date for the purposes of calculation of the value per share, and that, in this case, Vale will publish a new Notice to Shareholders informing the final adjusted value per share. All shareholders holding shares issued by Vale at the close of business of B3 SA - Brasil, Bolsa, Balcão ("B3") on 06.23.2021 and all holders of American Depositary Receipts ( "ADRs") issued by Vale upon closing of business on the New York Stock Exchange ("NYSE") on 06.25.2021. The shares and ADRs issued by Vale will be traded ex-rights on the B3 and NYSE from 06.24.2021 (inclusive). (...)." I hereby attest that the item above reflects the decision taken by the Board of Directors.

Rio de Janeiro, June 17, 2021.

Assinado digitalmente por LUIZ GUSTAVO

GARIOLI GOUVEA:00486298710

Data: 2021.06.17 17:03:34 -03'00'

Luiz Gustavo Gouvêa

Secretary

Disclaimer

Vale SA published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 07:50:06 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 62 437 M - -
Net income 2021 27 997 M - -
Net cash 2021 6 453 M - -
P/E ratio 2021 4,01x
Yield 2021 11,2%
Capitalization 107 B 108 B -
EV / Sales 2021 1,61x
EV / Sales 2022 1,71x
Nbr of Employees 74 316
Free-Float 91,4%
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Technical analysis trends VALE S.A.
Short TermMid-TermLong Term
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 11
Last Close Price 20,86 $
Average target price 25,87 $
Spread / Average Target 24,0%
EPS Revisions
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Eduardo De Salles Bartolomeo Chief Executive Officer
José Maurício Pereira Coelho President & Director
Luciano Siani Pires Executive VP-Finance & Investor Relations
Denis Cuenca Chief Compliance Officer
Lucio Azevedo Independent Director
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