Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
March 02 2023 - 4:19PM
Edgar (US Regulatory)
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
of the
Securities Exchange Act of 1934
For the month of
March 2023
Vale S.A.
Praia de Botafogo nº 186, 18º andar,
Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One)
Form 20-F x Form 40-F ¨
(Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check One)
Yes ¨ No x
(Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check
One) Yes ¨ No
x
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.)
(Check One)
Yes ¨ No x
(If “Yes” is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b). 82- .)
Vale announces cancellation of treasury
shares
Rio de Janeiro, March 02nd,
2023 – Vale S.A. ("Vale" or "Company") informs that its Board of Directors approved the cancellation of 239,881,683
common shares issued by the Company, held in treasury, without reducing the value of its share capital, representing 72.6% of the total
shares held in treasury. After the cancellation of shares, Vale will hold 90,477,827 common shares[1] in treasury, equivalent
to 2.0% of outstanding shares. As a result of the cancellation, Vale's share capital will be comprised of 4,539,007,568 common shares
and 12 special class preferred shares, all without nominal value. The adjustment of the caput of Art. 5 of Vale's Bylaws will be resolved
at the Company's next Extraordinary General Meeting.
Gustavo Duarte Pimenta
Executive Officer of Investor Relations
For further information, please contact:
Vale.RI@vale.com
Ivan Fadel: ivan.fadel@vale.com
Luciana Oliveti: luciana.oliveti@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com
This press release may contains “forward-looking
statements” within the meaning of the federal securities laws. Words such as “will,” “intend,” “expect”
and similar expressions identify these forward-looking statements, which include but are not limited to statements related to the UK Claims,
any related damage amounts and the response of the Company to (and impact on the Company from) the UK Claims, as well as any other statements
regarding future expectations, beliefs, plans, objectives, future events or performance of the Company. We caution you that these statements
are not guarantees of future performance or results and are subject to numerous evolving risks and uncertainties that we may not be able
to accurately predict or assess, including risks related to the UK Claims and any related damages, as well as other factors identified
in this cautionary note and in the risk factors of the Company’s Annual Report and any updates thereto in subsequent filings of
the Company with the SEC. We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date
hereof, and the Company undertakes no obligation to update this information. Any defined terms used herein have the same meanings as such
terms disclosed in the Company’s Annual Report.
[1] Position on March 02nd,
2023, which may be changed as a result of the share buyback program.
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.
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Vale S.A.
(Registrant) |
|
|
|
By: |
/s/ Ivan Fadel |
Date: March 2, 2023 |
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Head of Investor Relations |
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