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B3 welcomed airline Azul S.A. (ticker AZUL4) in a ceremony that marked its first initial public offering (IPO) and the start of trading in AZUL4 stock on Corporate Governance Level 2 this Tuesday, April 11.
The ceremony was attended by Edemir Pinto, CEO of B3; Antonoaldo Neves, President of Azul; José Mario Caprioli, President of Holding Azul S.A.; Sami Foguel, Vice President, Customers; Flavio Costa, VP Technical Affairs & Operations; and other executives and employees of Azul, as well as financial and capital market participants.
“The capital market is the right place for companies that aim to grow and fly high like Azul. B3 knows Azul has made a point of choosing the Brazilian exchange and we’re grateful for the trust placed in us,” said Edemir Pinto, CEO of B3.
“Today is a milestone in Azul’s history,” Antonoaldo Neves said. “Today we become a public company listed on B3 and with ADRs traded on the New York Stock Exchange, reinforcing our commitment to the highest standards of corporate governance. This achievement could never have happened without our more than 10,000 crew and other staff, who do an outstanding job and make all the difference to people’s lives every single day.”
“This moment is also the result of the trust placed in Azul by its customers, who have experienced a new way of flying in the past eight years,” said José Mario Caprioli, President of Holding Azul S.A.
B3’s special corporate governance listing segments now have 194 listed companies including Azul.
