By Brazil Stock Guide – JBS S.A. (B3: JBSS3; NYSE: JBS), the world’s largest meatpacker, aims to join the Russell index family in 2026 after its NYSE debut in June, according to CEO Gilberto Tomazoni. The dual listing gave the company a presence on both Brazil’s B3 and in New York.
Speaking at the Agro Summit 2.0 in São Paulo, Tomazoni said: “Entering the Russell next year, and eventually the S&P 500, will accelerate our index presence and broaden our investor reach.” About 53% of equities trade via passive funds that replicate benchmarks, he noted. “There is a plan, even though joining the S&P 500 is still premature.”
The NYSE listing marked a milestone for the Brazilian group, which operates 250 facilities across 17 countries and employs nearly 280,000 people. “Joining the NYSE is a source of pride, recognizing our resilience and determination while strengthening access to global capital markets,” Tomazoni said. CFO Guilherme Cavalcanti added the move “optimizes our capital structure and expands our investor base with financial discipline.”
Investor appetite has been strong, with engagement from Barclays and Citi alongside roadshows. “The interest is very positive and demand is high,” Tomazoni said. He also pointed to tighter governance standards to meet SEC and CVM rules. “Our governance bar has been raised, which improves the system.”
Through the BDR structure, Brazilian investors retain access to JBS equity, with each BDR representing one Class A share. The company expects dual listing and index inclusion to cement its profile as a global food powerhouse while boosting shareholder value.
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