Management remarks
Call period: 2026 Q2 · 2026-07-31
Guidance: Gustavo Duarte Pimenta: The Board also approved the extension of our share buyback program for up to 2.3% of our outstanding shares, reflecting our positive view on Vale's long-term outlook and our continued commitment to delivering superior returns to our shareholders.Demand and orders: Gustavo Duarte Pimenta: First, we continue to deliver a strong operational performance across our businesses, achieving record production and higher sales volumes, reinforcing our confidence in meeting our guidances for the year.Analyst Q&A
Analyst Rogério Nogueira asked: right -- but we do manage this on an ongoing basis. So when -- some contracts expire, we're always actually entering into new contracts. This is actually always ongoing. This year alone, we've done I think 3 rounds of book building for freight, the level of freight that we are contracting. And this is about TC time charter, okay? Management Marcelo Bacci answered: Yes, that's correct -- close to 70% hedging for 2027 at an average price of about $77 per ton Brent equivalent.管理层陈述
电话会期间：2026 Q2 · 2026-07-31
指引：古斯塔沃·杜阿尔特·皮门塔：董事会还批准将我们的股票回购计划延期，回购规模最高可达公司已发行股份的2.3%，这体现了我们对淡水河谷长期前景的乐观看法，以及我们持续为股东提供卓越回报的承诺。需求与订单：古斯塔沃·杜阿尔特·皮门塔：首先，我们在各业务板块持续实现强劲的运营表现，创下产量纪录并提升了销量，这进一步增强了我们对完成年度业绩指引的信心。分析师问答
分析师罗赫略·诺盖拉说道：我们确实在持续管理货运业务。部分合约到期时，我们总会签订新合约，这项工作一直在进行。仅今年一年，我们就完成了三轮针对签约货运量的运价相关操作，这涉及定期租船合同。管理人马塞洛·巴奇回应称：没错，截至2027年，我们的套期保值比例接近70%，平均价格约为每公吨布伦特当量77美元。This earnings research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报研究基于公司业绩公告、监管文件、财务报表，以及财报电话会议记录或官方回放整理。内容仅供参考，不构成投资建议。
