| Shareholders | Share | % | |
| Flavio Nogueira Pinheiro Andrade | 61,383,616 | 30.70% | |
| Dynamo Administração de Recursos | 29,629,700 | 14.82% | |
| Executive Shareholders | 18,680,725 | 9.34% | |
| Leblon Equities | 15,768,237 | 7.89% | |
| Total Return Investment LLC | 11,466,500 | 5.73% | |
| Treasury stock | 1,973,951 | 0.99% | |
| Others | 61,056,825 | 30.53% | |
| Total | 199,959,554 | 100.00% | |