Boldness that Inspires
Capital Markets
In 2013, GPA’s share price increased 17.1%, closing the year at R$104.91 on the BM&FBovespa. The result outpaced the performance of the Ibovespa, the index of the stocks with the highest trading volumes on the Bolsa de Valores de São Paulo, which fell 15.5% during the year.
The trading volume of preferred shares in 2013 was R$20.6 billion, an increase of 96.1% over 2012, with an average daily trading volume of R$83.1 million (+94.5% over 2012). The earnings per share in 2013 was R$3.98.
The ADRs (level III) closed the year trading at US$44.67, up 1.6%, in keeping with the positive performance of the Dow Jones Industrial Average, which was up 29.6% in 2013. The trading volume on the New York Stock Exchange (NYSE) was US$6.6 billion (+32.7% over 2012). The average daily trading volume was US$26.8 million, 34.3% higher than the year prior.
The Company’s shares were traded on 100% of the trading days of the BM&FBovespa and the NYSE. At year end, GPA’s market capitalization was R$27.7 billion, representing 2.2 times its shareholders’ equity.
GPA’s Board of Directors approved dividends of R$150.5 million for 2013, representing R$0.535395 per common share and R$0.588935 per preferred share.