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Novo Mercado

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A listing segment of the Brazilian stock exchange with higher corporate governance standards.

Last updated November 4, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

Novo Mercado is a listing segment of the Brazilian stock exchange (B3) that aims to adopt stricter corporate governance rules and enhance investor protection. Companies listed on this segment must comply with more transparent disclosure and shareholder rights requirements.

Products and positioning

Serves as the governance benchmark of the Brazilian capital market, attracting companies that seek high governance standards.

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