Cemig changes ADR depositary bank: November 12 results matter for Cemig Vz. stock

Published on 10/25/2026 at 01:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNY Mellon took over as Cemig's ADR depositary on October 19, 2026. A BRL 44.0 billion plan frames November 12 results for Cemig Vz. stock.

Cemig dates and valuation

Cemig appointed BNY Mellon as its ADR depositary effective October 19, 2026.
Second-quarter 2026 revenue reached BRL 11.16 billion, up 3.00 percent year over year.
Cemig's market capitalization was USD 6.6 billion as of October 23, 2026.

Cemig Vz., BRCMIGACNPR3, Illustration mit AI erstellt.

Cemig Vz. (ISIN BRCMIGACNPR3) changed its American Depositary Receipts depositary bank on October 16, 2026, with BNY Mellon taking over from October 19, 2026, according to Finance News. The change does not alter the characteristics of Cemig's ADR program.

Three dates define the setup

The company reported second-quarter 2026 revenue of BRL 11.16 billion, up 3.00 percent from the same quarter of 2025, while net income attributable to shareholders fell 20.00 percent to BRL 945.4 million, according to Valor Investe on the company's IFRS figures. The chronology therefore runs from the June 30, 2026 reporting period to the October 16 announcement and the October 19 effective date.

What does the investment plan change?

Cemig's investor-relations page lists a BRL 44.0 billion investment program for 2026 through 2030, linking the next results release to a larger capital allocation cycle. The plan covers renewable energy expansion and diversification of the energy matrix, while Cemig says it is listed on the Sao Paulo and New York stock exchanges. The latest quarter provides a counterweight: operating profit reached BRL 1.88 billion, up 15.00 percent year over year, but higher interest expenses reduced net income.

Results and market context

The next substantiated dates are November 12, 2026, for the third-quarter 2026 earnings release and November 13, 2026, for the results webcast, both listed on Cemig. On B3, Cemig preferred shares closed at BRL 11.67 on October 23, 2026. Cemig's market capitalization was USD 6.6 billion on the same date, while the USD 1.87 to USD 2.76 52-week range places the market value in a broad valuation frame.

Near-term information points

The depositary change is operational rather than a change to ADR terms, so the November reporting dates carry the next identifiable information point. Investors will have the second-quarter revenue growth, the 20.00 percent net-income decline and the BRL 44.0 billion investment program as the main reference figures.

The further course of trading is shown by the continuously updated real-time quote of Cemig Vz. stock.