The U.S. Securities and Exchange Commission (SEC) approval for JBS to list its shares in the United States was widely expected by the market, but it still lifted investor sentiment: JBS stock in São Paulo rose 6.38 percent following the confirmation, adding R$ 6.3 billion in market value. In 2025 so far, JBS shares have gained 29 percent, boosting the company’s capitalization by R$ 24.5 billion to about R$ 105 billion (roughly US$ 18.5 billion).
After receiving the SEC’s green light to list on the New York Stock Exchange (NYSE), JBS’s board called an extraordinary shareholders’ meeting for 23 May so minority investors can vote on the dual listing, which would allow trading in both the United States and Brazil. Controlling shareholders J&F and BNDESPar will abstain. JBS expects to debut on the NYSE in June.
