$CBD files Form 6-K for share capital increase, but no change in number of shares? – #stocks chatter

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$CBD files Form 6-K for share capital increase, but no change in number of shares?
Looking for wiser folks than I to help me understand the impact of this move.

*Companhia Brasileira de Distribuicao ($CBD)*, has filed Form 6-K with the SEC. They are seeking a shareholder vote on the approval of a share capital increase in the amount of R$ 200.000.000,00 (approx. 35 mil US$) through the capitalization of part of the Expansion Reserve account, **without the issuance of new shares**, passing the capital from R$ 5,649,866,585.69 to R$ 5,849,866,585.69, **with no change in the number of shares.**

I understood that standard practice when raising capital is to issue new shares, thereby diluting the overall share poll and likely lowering their value. However, here they appear to be drawing funds from a reserve account to directly increase their capitalization. If there are no new shares, would this have any impact on the shares I currently hold? Thanks.

[https://newsfilter.io/a/966c065dc4305fa0aad70d08208c8340](https://newsfilter.io/a/966c065dc4305fa0aad70d08208c8340)
https://www.reddit.com/r/StockMarket/comments/mgszr4/cbd_files_form_6k_for_share_capital_increase_but/

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