Gerdau S.A. reported fourth-quarter 2025 adjusted EBITDA of R$2.4 billion, maintaining performance levels consistent with the prior year period despite a 13% sequential decline from the third quarter. The steelmaker's results reflect operational stability as it navigates market conditions, with the company maintaining its dividend commitment to shareholders through a R$0.10 per share distribution.
Looking ahead, the company has approved a substantial R$4.7 billion capital expenditure program for 2026, signaling continued investment in operational capacity and infrastructure development. This strategic commitment underscores management's confidence in long-term growth prospects and the company's ability to maintain competitive positioning within the industry.
Gerdau concluded its 2025 share repurchase initiative with R$1.0 billion in total buybacks and has authorized a new program to acquire up to 56.4 million shares. The capital allocation strategy reflects the company's balanced approach to returning value to shareholders while reinvesting in growth initiatives.