Our Governance
The 70-year history of JBS stems from accountability, disciplined business expansion, and innovation. We have strengthened the trajectory of our company by continuously improving our corporate management structure and adopting corporate governance practices that create value, establish trusted relationships with customers and other stakeholders, and produce sustainable results.
While we are listed in the Novo Mercado segment of the Brazilian B3 stock exchange (under the symbol JBSS3), we have adopted corporate governance practices and disclosure requirements beyond those established by Brazilian law. These rules, which include trading only common shares, increase shareholders’ rights and enhance the quality of the information we provide. JBS shares are also traded in the U.S. as Level 1 ADRs in the Over the Counter-Pink Sheets Platform (OTCQX) in New York (under the symbol JBSAY). Please refer to our Investor Relations website for more information on our practices.
Ownership Structure
On Dec. 31, 2023, we had 2,218,116,370 shares, with a free float of 51.2%. The controlling group formed by the companies J&F Investimentos S.A. and JBS Participações S.A held the other 48.8%, with no shares in Treasury. The total market capitalization was R$ 55.2 billion, with the unit price for JBSS3 at R$ 24.9.