UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2020
Commission File Number 1-15250
BANCO BRADESCO S.A.
(Exact name of registrant as specified in
its charter)
BANK BRADESCO
(Translation of Registrant's name into English)
Cidade de Deus, s/n, Vila Yara
06029-900 - Osasco - SP
Federative Republic of Brazil
(Address of principal executive office)
Indicate by check
mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form
20-F ___X___ Form 40-F _______
Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
.
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Companhia
Aberta
CNPJ no 60.746.948/0001-12
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Material Fact
Banco Bradesco S.A. (“Bradesco”
or “Company”) hereby informs its shareholders and the market in general that, pursuant to the requirements of Paragraphs
1 and 2 of Article 30 of Law No. 6,404/76 and according to the provisions of CVM Instruction No. 567, of September 17, 2015, and
Paragraph 6 of Article 6 of its Bylaws, the Board of Directors, in a meeting held on this date, resolved to renew the program for
the acquisition of shares issued by the Company to be held in treasury and subsequently sale or cancellation, without reducing
the capital stock.
In this way, aiming the application of
the existing funds from the “Profit Reserves - Statutory”, available for investment, it authorized the Board of Executive
Officers of Bradesco to acquire, from December 28, 2020 to June 28, 2022, up to 15.000.000 non-par, registered, book-entry shares,
being up to 7.500.000 common shares and up to 7.500.000 preferred shares. The Board of Executive Officers shall define the timing
and number of shares to be acquired, within the authorized limits and the validity of this resolution.
The exhibit below contains all the additional
information relating to the operation, required by CVM Instructions No. 480, of December 7, 2009, and No. 567, of September 17,
2015.
Cidade de Deus, Osasco, SP, December 23, 2020
Banco Bradesco S.A.
Leandro de Miranda Araujo
Executive Deputy Officer
and
Investor Relations
Officer
Exhibit 30-XXXVI of CVM Instruction No. 480/09
(Established by CVM Instruction No. 567 of September 17, 2015)
Trading of Shares Issued by the Company
Page 1
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1.
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Justify in detail the objectives and the economic effects expected
from the operation.
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Objective: to use a
portion of the funds in the “Profit Reserves - Statutory”, available for investments, in the acquisition of shares
to be held in treasury and subsequently sold or cancelled, to be resolved in due time.
Economic Effects: For
shareholders, the operation enables greater financial returns due to the proportional increase in the amount of dividends/interest
on equity periodically distributed per share, given that shares held in treasury do not have economic or political rights (Article
10 – CVM Instruction No. 567/2015). Consequently, the amounts to be declared as dividends/interest on equity will be paid
exclusively to shares outstanding in the market. For Bradesco, the operation, within the validity term established, is designed
to identify market opportunities, maximizing the allocation of funds available in reserves, while limiting outflows so as not to
affect its results.
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2.
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State the number of shares (i) outstanding and (ii) already held
in treasury.
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outstanding
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In treasury
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Common
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Preferred
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Common
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Preferred
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1.254.048.907
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4.267.275.535
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7.307.259
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27.378.542
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3.
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State the number of shares that may be acquired or disposed of.
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Up
to 15.000.000 non-par, registered, book-entry shares, being up to 7,500,000 common shares and up to 7.500.000 preferred
shares.
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4.
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Describe the main characteristics of the derivative instruments used by the Company, if any.
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Not applicable
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5.
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Describe voting agreements or instructions, if any, between the Company and the counterparty
of the operations
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Not applicable. The shares will be acquired
at the B3 S.A. – Brasil, Bolsa, Balcão (B3).
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6.
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In the event of operations held outside organized securities market, state: a. the maximum (minimum)
price for which shares will be acquired (disposed of); and b. the reasons that justify the operation at prices more than ten percent
(10%) higher, in the case of acquisition, or more than ten percent (10%) lower, in the case of disposal, than the average of share
price, weighted by volume, in the ten (10) previous trading sessions, where applicable.
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Exhibit 30-XXXVI of CVM Instruction No. 480/09
(Established by CVM Instruction No. 567 of September 17, 2015)
Trading of Shares Issued by the Company
Page 2
Not applicable. The shares will be acquired at market
price through operations held at B3.
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7.
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State the impacts of the trading on the Company’s control or administrative structure,
if any.
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Not applicable, considering that Bradesco’s
control is defined and the maximum number of shares to be acquired is insufficient to affect the Company’s control or administrative
structure.
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8.
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Identify the counterparties, if known, and, in the case of a related party, as defined by the
accounting rules governing this matter, provide information as required by Article 8 of CVM Instruction 481, of December 17, 2009.
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As the operations will be held at B3, the counterparties
are not known.
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9.
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Indicate the allocation of the proceeds, if applicable.
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Not applicable, since the shares acquired
within the renewed program will be held in treasury. Consequently, the allocation of the proceeds will only be known depending
on the decision regarding the disposal or cancellation of the shares, which will be made in due time and informed to the market.
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10.
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Indicate the maximum term to settle the authorized operations.
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The maximum term is 18 months, from June 27,
2019 to December 27, 2020. Bradesco’s Board of Executive Officers will be responsible for defining the timing and the number
of shares to be effectively acquired, within the authorized limits and the term established for the operation.
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11.
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Identify institutions acting as intermediaries, where applicable.
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Bradesco S.A. Corretora de Títulos
e Valores Mobiliários, headquartered at Avenida Presidente Juscelino Kubitschek, 1.309, 11o andar,
Vila Nova Conceição, São Paulo, SP, CEP 04543-011; and
Ágora
Corretora de Títulos e Valores Mobiliários S.A., headquartered at Avenida Paulista, 1.450, 3o
andar, Bela Vista, São Paulo, SP, CEP: 01310-917.
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12.
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Describe the funds available for use, pursuant to Article 7, paragraph 1 of CVM Instruction
No. 567, of September 17, 2015.
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Funds from the “Profit Reserves – Statutory”
account, in the Company’s Net Equity, will be used.
Exhibit 30-XXXVI of CVM Instruction No. 480/09
(Established by CVM Instruction No. 567 of September 17, 2015)
Trading of Shares Issued by the Company
Page 3
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13.
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Specify the reasons why the members of the Board of Directors believe that the share buyback
will not affect compliance with the obligations assumed with creditors nor the payment of mandatory, fixed or minimum dividends.
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The Board of Directors believes that the acquisition
of shares to be held in treasury, within the approved limits, will not affect compliance of the obligations assumed with its creditors,
nor will it affect the payment of mandatory dividends. In these terms, it is worth noting that Bradesco manages its reserves in
accordance with estimates of funds available for investment, considering its regular operations.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: December 23, 2020
BANCO BRADESCO S.A.
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By:
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/S/Leandro de Miranda Araujo
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Leandro de Miranda Araujo
Executive Deputy Officer and
Investor Relations Officer.
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements.
These statements are statements that are not historical facts, and are based on management's current view and estimates of future
economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes",
"estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended
to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal
operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic
and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual
results to differ materially from current expectations.
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