Alaska cuts its Celesc stake as Celesc stock awaits results

Published on 10/25/2026 at 00:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alaska cut its preferred stake below 15 percent on October 23, 2026. Celesc stock has November 13 results scheduled after BRL 78.60 million in JCP.

Ownership and reporting calendar

Alaska Investimentos reduced its preferred stake below 15 percent on October 23, 2026.
Celesc reported BRL 875.09 million in net income for the period ended June 30, 2026.
Celesc is scheduled to publish third-quarter results on November 13, 2026.

Celesc, BRCLSCACNPR3, Illustration mit AI erstellt.

Celesc (ISIN BRCLSCACNPR3) disclosed that Alaska Investimentos reduced its holding of preferred shares below 15 percent on October 23, 2026, according to Acionista. The investor said the sale was a financial decision and was not intended to change Celesc's control or administrative structure.

Three events shape the story

On September 25, 2026, Celesc approved BRL 78.60 million in interest on equity, including BRL 2.12 per preferred share, as reported by SpaceMoney. On October 2, 2026, the company disclosed approval of a USD 243.00 million loan from the Inter-American Development Bank, complemented by USD 62.60 million from Celesc for a total program of USD 305.60 million, according to ADVFN News. On October 23, 2026, Alaska's preferred holding moved below 15 percent, the latest of the three events.

What does the financing mean?

The BID II program is aimed at expanding and modernizing Celesc's electricity distribution network in Santa Catarina. The company still has to sign the loan agreement before the planned investment can move into its next stage, so the USD 305.60 million headline figure represents the approved financing framework rather than completed spending.

What comes next for earnings?

Celesc's investor-relations page lists the second-quarter 2026 interim report and earnings materials. TradeMap's June 30, 2026 data show BRL 12.52 billion in net revenue, BRL 1.88 billion in EBITDA and BRL 875.09 million in net income, with a 6.99 percent net margin, providing the operating baseline for the next report.

The next scheduled company event is third-quarter 2026 reporting on November 13, 2026, according to Suno. The date is a calendar entry and may change, while the ownership disclosure and BID II financing provide the two clearest recent corporate reference points.

Market value and investor context

Celesc's market capitalization was BRL 6.4 billion as of October 23, 2026, and its 52-week range was BRL 92.02 to BRL 170.00. The combination of a large network investment program, a recent BRL 78.60 million shareholder distribution and a changed preferred-share ownership profile gives the November report several concrete issues to address.