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Equity (Tables)
6 Months Ended
Jun. 30, 2023
Notes and other explanatory information [abstract]  
Schedule of share capital
 
  June 30, 2023
Shareholders Common shares Golden shares Total
Shareholders with more than 5% of total capital 959,040,176 - 959,040,176
Previ 395,686,156 - 395,686,156
Mitsui&co 286,347,055 - 286,347,055
Blackrock, Inc 277,006,965 - 277,006,965
Free floating 3,384,352,681 - 3,384,352,681
Golden shares - 12 12
Total outstanding (without shares in treasury) 4,343,392,857 12 4,343,392,869
Shares in treasury 195,614,711 - 195,614,711
Total capital 4,539,007,568 12 4,539,007,580
Schedule of cancellation of treasury shares
     
  Number of canceled shares Carrying amount
Cancelation approved on March 2, 2023 (i) 239,881,683 4,164
Six-month period ended June 30, 2023 239,881,683 4,164
     
Cancelation approved on February 24, 2022 (i) 133,418,347 2,830
Six-month period ended June 30, 2022 133,418,347 2,830

 

(i) During the six-month period ended June 30, 2023 and 2022, the Board of Directors approved cancelations of common shares issued by the Company, acquired and held in treasury, without reducing the amount of its share capital. The effects were transferred in shareholders' equity as "Treasury shares cancelled", between the "Revenue reserve" and "Treasury shares".
Schedule of share buyback program
       
  Total of shares repurchased   Effect on cash flows
  Six-month period ended June 30,
  2023   2022   2023   2022
Shares buyback program for 500,000,000 shares (i)              
Acquired by Parent 73,179,052   32,416,000   1,102   527
Acquired by wholly owned subsidiaries 67,979,481   38,027,798   1,022   606
  141,158,533   70,443,798   2,124   1,133
               
Shares buyback program for 470,000,000 shares (ii)              
Acquired by Parent -   81,855,600   -   1,501
Acquired by wholly owned subsidiaries -   96,959,900   -   1,750
  -   178,815,500   -   3,251
Shares buyback program 141,158,533   249,259,298   2,124   4,384

 

(i) On April 27, 2022, the Board of Directors approved the common shares buyback program, limited to a maximum of 500,000,000 common shares or their respective ADRs.
(ii) On April 1, 2021, the Board of Directors approved the common shares buyback program, limited to a maximum of 270,000,000 common shares or their respective ADRs. Continuing the previous program, the Board of Directors approved a new shares buyback program on October 28, 2021, with a limit of up to 200,000,000 common shares or their respective ADRs. Both programs were concluded in 2022.