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Banco Bradesco sells 4.3M reais of shares

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Banco Bradesco sells 4.3M reais of shares

Brazil's Banco Bradesco SA on May 24 sold about 4.3 million reais of shares resulting from a 10% bonus operation.

The bank auctioned 16,118 common shares and 124,804 preferred shares. Shareholders as of June 5 will be paid about 28.19 reais per common share and 31.14 reais per preferred share.

As of May 31, US$1 was equivalent to 3.73 Brazilian reais.