SÃO PAULO, Feb. 19,
2025 /PRNewswire/ -- 4Q24 Highlights
Adjusted EBITDA (earnings before interest, taxes,
depreciation and amortization) of R$ 2.4
billion in the fourth quarter, up 17.2% from 4Q23.
Investments (CAPEX) amounted to R$2.4 billion in 4Q24, totaling R$6.2 billion for 2024. For 2025, we estimate an
investment of R$6 billion in projects
allocated to maintenance and competitiveness.
Dividend distribution in the amount of R$ 0.10 per share, equivalent to R$ 203.4 million, to be paid based on 4Q24
results. In 2024, Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3,
GGBR4) returned R$2.9 billion through
dividends and the buyback program, achieving a return of 65.9% for
shareholders.
The Company concluded the 2024 share buyback program and
approved a new buyback program for up to 64.5 million shares
of Gerdau S.A., with a 12-month term.
Additional Information
Gerdau S.A. informs that it is filling today its 4Q24 results at
the Securities and Exchange Commission (SEC) and at the Comissão
de Valores Mobiliários (CVM), which are available at Gerdau's
website. To access this document, please click on
https://ri.gerdau.com/en/notices-and-results/results-center/.
The 4Q24 Valuation Guide is also available at Gerdau's
website.
https://ri.gerdau.com/en/financial-information/valuation-guide/
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SOURCE Gerdau S.A.
