Shares will begin to be traded in the Brazil Pharma drugstores chain as of Monday (June 27) on BM&FBOVESPA, under the BPHA3 ticker symbol. The shares will be traded on the Novo Mercado.
With the firm’s adhesion to the Novo Mercado, the number of companies listed in the Exchange’s differentiated Corporate Governance segments rises to 176, of which 120 on the Novo Mercado, 17 at Level 2 and 39 at Level 1.
Did you know?
- Brazil Pharma is the largest Brazilian pharmaceutical retailer in number of sales outlets, at 660
- Brazil Pharma’s own operations have a consolidated network of over 300 stores, which are leaders or vice-leaders in their respective regions and which have an average age of 35 years
- Brazil Pharma’s chain of franchises has over 360 stores, largely in the Southeast and in the state of Paraná. Its joint operations are forecast to total BRL 2.0 billion earnings in 2011.
- Brazil Pharma was the pharmaceutical retailer that most grew in 2010, with the opening of 71 new stores.
