Syn Prop E Tech Sa S/Gdr (SYYNY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to SYNC's video conference about the third quarter results. This conference is being recorded, and you will be able to access the replay on our website, ri.sync.com.br. The slide deck will also be available for download. I would like to inform that all participants will be expectators only, and right after the presentation, we are going to have a Q&A session. We will provide further instructions then. I would like to provide that the informations that will be informed are related on the informations that are responsible or available right now. However, these future results may differ substantially from the results presented in hearing due to the various important factors. Among other factors, investors, shareholders and stakeholders need to take into account that there are other circumstances responsible for the decisions other than the information contained in this presentation. Here we have Tiago Moura-Maxos, the Director at CING and Erico Leitor, the Investors Liaison Director. Now I'd like to give the word to Tiago Moura-Maxos for the presentations. Tiago, please go ahead. Welcome everyone. Thank you very much for joining on this call to talk about our results. We are going to start talking about some of our achievements from the third quarter. So let's start with capital reduction that we had for this quarter. It was announced at the end of the month of July, a little bit before we had the second quarter results. We had a total of 330 million reduction, which is about 2.16 per share. on the date of September 18th. We are also moving on with the ShoppingD transaction where we are selling our participation along with XP malls. The sale of our entire stake represents a total of 8.9 million BRL. And we expect to finalize t...