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MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  BRF S.A.    BRFS3   BRBRFSACNOR8

BRF S.A.

(BRFS3)
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BRF S A : Announcement to the Market – Conclusion of the Class Action Agreement

10/23/2020 | 05:50pm EST

BRF S.A.

PUBLICLY-TRADED COMPANY

CNPJ 01.838.723/0001-27

NIRE 42.300.034.240

CVM 16269-2

ANNOUNCEMENT TO THE MARKET

BRF S.A. ("BRF" or the "Company") (B3: BRFS3; NYSE: BRFS), further to the Announcement to the Market published on April 23, 2020, communicates to its shareholders and to the market in general that the agreement (the "Agreement") to settle the putative securities class action captioned In re BRF S.A. Securities Litigation, 18-cv-2213 (PKC), filed against the Company and certain executives, has been approved by the United States District Court for the Southern District of New York.

Under the Agreement, BRF has paid US$40 million to resolve all pending and prospective claims by individuals or entities who purchased or otherwise acquired BRF's American Depositary Receipts ("ADRs") between April 4, 2013 and March 5, 2018, as previously disclosed.

The Agreement does not constitute any admission of liability or wrongdoing by BRF or its executives. The Agreement expressly provides that BRF denies any misconduct or that any plaintiff has suffered any damages or was harmed by any conduct alleged in this action.

São Paulo, October 23, 2020.

CARLOS ALBERTO BEZERRA DE MOURA

Chief Financial and Investor Relations Officer

BRF S.A.

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

BRF SA published this content on 23 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2020 21:49:06 UTC


© Publicnow 2020
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Financials
Sales 2020 38 307 M 7 334 M 7 334 M
Net income 2020 760 M 145 M 145 M
Net Debt 2020 15 719 M 3 010 M 3 010 M
P/E ratio 2020 18,6x
Yield 2020 0,69%
Capitalization 17 438 M 3 317 M 3 339 M
EV / Sales 2020 0,87x
EV / Sales 2021 0,80x
Nbr of Employees 90 000
Free-Float 99,3%
Chart BRF S.A.
Duration : Period :
BRF S.A. Technical Analysis Chart | BRFS3 | BRBRFSACNOR8 | MarketScreener
Technical analysis trends BRF S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 27,67 BRL
Last Close Price 21,64 BRL
Spread / Highest target 117%
Spread / Average Target 27,8%
Spread / Lowest Target -12,2%
EPS Revisions
Managers
NameTitle
Lorival Nogueira Luz Global Chief Executive Officer
Pedro Pullen Parente Chairman
Vinícius Guimarães Barbosa Vice President-Operations & Procurement Officer
Carlos Alberto Bezerra de Moura Chief Financial Officer & Vice President-Finance
Neil Hamilton dos Guimarães Peixoto Vice President-Research & Development
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