|Bid||29.41 x 0|
|Ask||29.44 x 0|
|Day's Range||29.11 - 30.12|
|52 Week Range||29.11 - 39.81|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||3.02|
|Forward Dividend & Yield||3.00 (10.02%)|
|Ex-Dividend Date||May 17, 2022|
|1y Target Est||N/A|
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Brazil's JBS SA said on Friday that Wesley Batista Filho, a member of the meatpacking company's founding family, will take over as its global president of operations effective on Nov. 1. Batista Filho, who is the son of Wesley Batista, one of the heirs of company founder Jose Batista Sobrinho, will continue to report to Gilberto Tomazoni, the company's global chief executive officer. Tomazoni was named to the post in 2018 to replace Batista Sobrinho after Wesley Batista and the founder's other son, Joesley, were arrested in a bribery investigation.
The nation's largest food distributor has joined the other businesses accusing the four largest meat processors of working together to inflate beef prices.
Brazilian meatpacker Frigol received authorization to export beef to Canada from two of its plants in the northern state of Para and now awaits approval for shipments to the United States, the company said on Thursday. Privately owned Frigol is Brazil's fourth-biggest beef processor and will now be allowed to export to Canada from its plants in Agua Azul do Norte and Sao Felix do Xingu, it told Reuters in a statement. The move comes as Canada further opens itself to meat imports from Brazil, having last month given its OK for JBS SA to ship pork from two units.