Brazil’s Brisanet shares close almost unchanged on first trading day on B3 exchange

Brisanet, which is the largest independent fiber-optic internet provider in the country, operates in 96 cities in the Northeast region, in addition to its subsidiary Agility Telecom, which serves 251 cities in the region.

RIO DE JANEIRO, BRAZIL - Brisanet (BRIT3) shares made their debut on B3 this Thursday (29), closing close to unchanged after operating in sharp decline for much of the trading session.

The BRIT3 shares closed with a slight positive variation of 0.07%, at R$13.93, after falling 9.77% in the minimum of the day, at R$12.56.

The share price came out at R$13.92 in the initial stock offering (IPO), at the floor of the range estimated by coordinators, which was up to R$17.26 each. In all, the transaction totaled R$1.435 . . .

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