In this page, we disclose the calculation of the discount observed in the negotiation of Itaúsa's shares in relation to the market value of the sum of Itaúsas stakes in the companies.
|On July 31, 2020|
|Price of Most
|Market Value of
|Itaú Unibanco Holding S.A.||26.89||9,746||262,059||37.4%||97,981|
|Nova Transportadora do Sudeste S.A - NTS (D)||n.a||n.a||n.a||7.7%||1,166|
|Other Net Assets and Liabilities (E)||-1,106|
|Market Value of the Sum of the Parts||107,412|
(A) The most liquid shares of Itaú Unibanco (ITUB4), Alpargatas (ALPA4), Duratex (DTEX3) and Itaúsa (ITSA4). Closing prices for the last day of the period.
(B) Total shares issued excluded treasury shares.
(C) Itaúsa's direct and indirect stake in the companies' total capital according to Explanatory Note 1 of the Financial Statements of Itaúsa of March 31, 2020, to be found in the www.itausa.com.br.
(D) Refers to the book value of the participation in the capital of NTS.
(E) Net value of other assets and liabilities. Individual balance sheet of March 31, 2020.