v3.25.4
Shareholders equity (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of classes of share capital [abstract]  
Disclosure of classes of share capital
12/31/202512/31/2024
Quantity(%)Quantity(%)
Controlling Shareholders
Suzano Holding S.A.367,612,329 29.08 367,612,32929.08 
Controller196,065,636 15.51 196,065,63615.51 
Managements and related persons32,157,608 2.54 32,784,4402.59 
Alden Fundo de Investimento em Ações27,154,744 2.15 26,154,7442.07 
622,990,317 49.28 622,617,14949.25 
Treasury (Note 24.5)28,208,827 2.23 24,875,7871.97 
Other shareholders612,918,471 48.49 616,624,67948.78 
1,264,117,615 100.00 1,264,117,615100.00 
Schedule of Calculation for Mandatory Minimum Dividends
12/31/2025
Accounting EBITDA21,946,267 
Adjustments to EBITDA (note 28.2)(209,947)
Adjusted EBITDA21,736,320 
Capex Maintenance (Sustain) (7,880,041)
GCO = Adjusted EBITDA - Capex Maintenance13,856,279 
Dividends (10%) - Art. 26, "c" of the Bylaws1,385,628 
Interim dividends (note 1.2.3)1,380,000 
Dividends to be distributed5,628 
Schedule of other reserves
Conversion of debentures – 5th issuanceActuarial lossEffect of fair value measurement of financial assetsEffect of exchange rate changes on translation of foreign investmentsDeemed costTotal
Balances at December 31, 2023(45,746)(229,627)1,298 8,396 1,803,975 1,538,296 
Actuarial gain 90,931    90,931 
Effect of fair value measurement of equity instruments through other comprehensive income  (364,231)  (364,231)
Effect of exchange rate changes on translation of foreign subsidiaries’ financial statements   163,185  163,185 
Realization of deemed cost, net of income taxes (IRPJ and CSLL)    (79,385)(79,385)
Balances at December 31, 2024(45,746)(138,696)(362,933)171,581 1,724,590 1,348,796 
Actuarial gain4,828 4,828 
Effect of fair value measurement of equity instruments through other comprehensive income(219,685)(219,685)
Effect of exchange rate changes on translation of foreign subsidiaries’ financial statements(129,061)(129,061)
Realization of deemed cost, net of income taxes (IRPJ and CSLL)(116,209)(116,209)
Balances at December 31, 2025(45,746)(133,868)(582,618)42,520 1,608,381 888,669 
Schedule of treasury shares
Quantity Average cost
per share
Historical
value
Market
value
Balances at December 31, 202334,765,600 42.69 1,484,014 1,934,010 
Exercised(1,005,113)47.55 (47,794)(54,213)
Repurchase

51,115,300 54.91 2,806,764 2,806,764 
Canceled

(60,000,000)48.40 (2,903,787)(3,238,200)
Balances at December 31, 202424,875,787 53.84 1,339,197 1,536,826 
Exercised(372,160)53.66 (19,969)(20,251)
Repurchase3,705,200 51.80 191,918 191,918 
Balances at December 31, 202528,208,827 53.57 1,511,146 1,451,344 
Schedule of result absorption
Limit on share capital %Distribution of resultsReserve balances
12/31/202512/31/202412/31/202512/31/2024
Realization of deemed cost, net of taxes(116,209)(79,385) 
Tax incentive reserve214,554 321,671 1,534,462 1,319,908 
Legal reserve20.00%670,410  2,517,519 1,847,109 
Capital increase reserve80.00%10,128,485  10,128,485 2,807,632 
Special statutory reserve20.00%1,125,887  2,972,996 1,847,109 
Investments reserve(7,315,184)2,964,772 5,157,140 
Capital reserve 80,742 60,226 
Unclaimed dividends forfeited(566)(1,300)
Minimum mandatory dividends1,385,628   
13,408,189 (7,074,198)20,198,976 13,039,124