Porto Seguro SA
BOVESPA:PSSA3
PSSA3's latest stock split occurred on Oct 21, 2021
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, PSSA3 traded at 47.36 per share. Afterward, the share price was about 22.398.
The adjusted shares began trading on Oct 21, 2021. This was PSSA3's 2nd stock split, following the previous one in Mar 31, 2008.
CMB
RNT
XELB
Porto Seguro SA
Glance View
Porto Seguro S.A., a cornerstone in the Brazilian insurance market, has long established itself as more than just an insurance provider; it's a beacon of financial security and innovative services for millions of Brazilians. Founded in 1945, the company initially carved its niche in auto insurance, swiftly becoming a household name by offering reliable and comprehensive coverage options. Through strategic foresight, it expanded its offerings beyond auto insurance to encompass a wide range of products including health, life, homeowners, and business insurance. This diversification strategy has not only shielded it from market fluctuations but also solidified its reputation as a trusted guardian of customers' most valuable assets and needs, providing peace of mind across various facets of life. Central to Porto Seguro’s revenue model is its ability to balance risk with profitability effectively. The company generates income primarily through the underwriting of insurance policies and the prudent management of premiums collected from policyholders. By investing these premiums in diverse financial instruments, it ensures a steady income stream, enabling it to cover claims and operational costs. Moreover, Porto Seguro has branched into financial services, including credit cards and personal loans, complemented by its robust customer assistance offerings such as roadside assistance and home repair services, which enhance customer loyalty. This multi-pronged approach not only fuels its revenue growth but also underscores its commitment to embedding itself in every stage of its customers' financial journeys, crafting a symbiotic relationship that leverages trust into lasting business success.
You don't have any saved screeners yet