Grendene S.A.’s three-for-one stock split has been approved. All shareholders...

Grendene S.A.’s three-for-one stock split has been approved. All shareholders of record as of Sept. 22 will receive two new shares for every one they hold. They were trading as of Sept. 23. This brings the total of Grendene shares up to 300 million, all of which are common shares.

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