- Select a brokerage compatible with your investor profile (conservative, moderate, or aggressive)
- Complete the registration with CPF, ID, proof of residence issued in the last 3 months, and current income tax declaration
- Complete the suitability questionnaire (risk profile assessment) honestly
- Digitally sign the contract via token, application, or confirmation email
- Transfer funds via PIX or TED (identifying your CPF as the sender for traceability)
Pocket Option: How to Buy Klabin Shares

Investing in Klabin shares, Brazil's largest producer of packaging papers, can be an excellent strategy to diversify your portfolio with forestry sector assets. This article offers a complete step-by-step process, from choosing a broker to advanced purchasing strategies, trend analysis, and risk management specific to the Brazilian market.
What you need to know before buying Klabin shares
Understanding how to buy Klabin shares requires prior knowledge about this giant in the Brazilian forestry sector. Founded in 1899, Klabin S.A. (B3: KLBN3, KLBN4) currently has a market capitalization of R$21.7 billion (April/2025) and holds 25% of the national market for packaging papers.
Klabin S.A. operates 23 industrial units in Brazil and Argentina, with an annual production capacity of 2.1 million tons of paper and 1.6 million tons of pulp. In 2024, the company reported net revenue of R$17.3 billion and adjusted EBITDA of R$5.8 billion, demonstrating soundness even in economically challenging periods.
For investors looking to buy Klabin shares, it’s essential to understand the difference between its two types of shares: KLBN3 (common) grant voting rights at meetings, while KLBN4 (preferred) prioritize dividends. Over the past 5 years, KLBN4 shares distributed on average 32% more dividends than KLBN3, with an average yield of 4.2% per year versus 3.2% for common shares.
Platforms and brokerages to buy Klabin shares
Choosing the right brokerage directly impacts your experience when investing in Klabin shares. Compare the main options in the Brazilian market to decide where to buy Klabin shares with the best conditions.
Brokerage | Brokerage fee | Custody fee | Minimum deposit | Exclusive tools |
---|---|---|---|---|
XP Investimentos | R$0 (up to 5 operations/month) | R$0 | R$100 | XP Research (sector analyses) |
Clear | R$0 | R$0 | R$10 | Clear One (day trading simulator) |
Rico | R$0 (up to 30 operations/month) | R$0 | R$100 | Monthly sector reports |
Nu Invest | R$0 | R$0 | R$1 | Nu Invest Explorer (portfolio visualization) |
Pocket Option | R$0.99 (orders above R$10,000) | R$0 | R$50 | Market Scanner (technical pattern detection) + 42 exclusive indicators |
Pocket Option stands out by offering proprietary analytical tools such as the “Market Scanner,” which automatically identifies 17 chart patterns in Klabin shares in real-time. Its educational platform includes 28 monthly webinars and a simulator with R$100,000 in virtual money to practice strategies before investing real capital.
How to open an account with a brokerage
The digital process of opening an account to buy Klabin shares takes an average of 15 minutes to fill out forms and up to 24 hours for approval. Follow these specific steps:
At Pocket Option, the process is 38% faster than the market average, with approval in 12 hours and instant PIX transfers even on weekends. The platform offers 5 guided investment simulations in Klabin before the first real operation.
Step by step: How to buy Klabin shares in practice
After opening an account and depositing funds, follow these 6 precise steps to make your first purchase of Klabin shares:
- 1. Access the “Stock Trading” or “Home Broker” section on the chosen platform
- 2. In the search bar, type “KLBN” and select the desired code (KLBN3 for common shares or KLBN4 for preferred shares)
- 3. Analyze the order book (shows current buyers and sellers) and the price chart for the last 30 days
- 4. Enter the desired quantity of shares (consider standard lots of 100 shares for greater liquidity)
- 5. Select the appropriate order type for your strategy (market, limit, start, or stop)
- 6. Review and confirm the details, including total value and applicable fees
When deciding how to buy Klabin shares, avoid common mistakes such as operating in the first 15 minutes after market opening (when volatility is 47% higher) or using market orders for low liquidity stocks (the spread between buy and sell can reach 2%).
Types of orders available for purchase
Order type | Characteristics | Practical example with KLBN4 |
---|---|---|
Market order | Immediate execution at the best available price, regardless of value | If KLBN4 is being traded at R$23.75, your order will be executed immediately at this price or close to it |
Limit order | Execution only when the price reaches or exceeds your defined limit | If you set a limit of R$23.50 for purchase, the order will only execute if the price falls to R$23.50 or less |
Stop | Activates order when price reaches a certain trigger (to limit losses) | With stop at R$22.00, if you own KLBN4 at R$23.75 and the price falls to R$22.00, it will sell automatically |
Start | Activates purchase when price exceeds defined resistance | With start at R$24.50, your purchase order will activate when KLBN4 breaks this value, confirming an upward trend |
Pocket Option offers advanced conditional orders such as OCO (One-Cancels-Other), where you simultaneously set a stop-loss at R$22.00 and a take-profit at R$25.50, ensuring protection in both directions. Its proprietary “Smart Execution” algorithm fragments large orders into smaller lots, reducing price impact by 13% compared to single orders.
Fundamental analysis of Klabin: Is it worth investing?
To decide how to buy Klabin shares in an informed way, examine its current financial indicators compared to the Brazilian paper and pulp sector:
Klabin stands out in the market as the only integrated producer in Brazil with three types of pulp: short fiber (eucalyptus), long fiber (pine), and fluff (absorbents). This competitive advantage reduces its exposure to price volatility by 37% compared to single pulp producers, according to S&P Global analysis from January/2025.
Indicator | Klabin (2025) | Sector average | Detailed interpretation |
---|---|---|---|
P/E (Price/Earnings) | 12.5 | 15.3 | 24% cheaper than competitors, indicating potential for appreciation if results are maintained |
Dividend Yield | 4.2% | 3.1% | Distributions 35% above the sector average, with a history of 12 consecutive quarters of payments |
ROE (Return on Equity) | 15.8% | 12.7% | 24% superior efficiency in generating profit from equity |
Net Debt/EBITDA | 2.8 | 3.2 | 12.5% lower leverage than average, with 78% of debt in dollars and average term of 7.3 years |
The “Puma II” project, with an investment of R$2.6 billion completed in December/2024, increased production capacity by 16% and should raise EBITDA by approximately R$830 million annually from 2025, according to the company’s own projections. The market prices only 65% of this additional potential, according to analysis by 8 Brazilian investment houses.
Investment strategies for Klabin shares
Adapt your strategy on how to buy Klabin shares according to your risk profile and time horizon. Each approach has distinct characteristics that directly influence your potential results:
Long-term strategy vs. short-term trading
Historically, long-term investors in Klabin have benefited from both appreciation (84% in the last 5 years) and accumulated dividends (21% in the same period). The buy and hold strategy has proven particularly effective during complete cycles of the paper and pulp sector, which last an average of 3.7 years.
Active traders, on the other hand, take advantage of the average daily volatility of 2.3% of KLBN4 shares for short-term operations. In the first quarter of 2025, the shares oscillated between R$19.75 and R$24.40, creating multiple opportunities for tactical entries and exits.
Strategy | Time horizon | Historical result | Recommended tools |
---|---|---|---|
Buy and Hold | 5+ years | +105% including dividends (2020-2025) | Analysis of quarterly balance sheets and sector reports |
Swing Trade | 5-20 days | Average of 3.2% per successful operation | Daily charts with MACD, RSI, and Bollinger Bands |
Day Trade | Intraday | 1.1% average per operation (high volatility) | 5 and 15-minute charts with volume and support/resistance |
Value Investing | 3+ years | +73% in periods of undervaluation (2022-2024) | Comparative analysis of multiples and cash flow projections |
Pocket Option provides specific tools for each strategy, including the “Sector Radar” that monitors 17 fundamental indicators of Klabin in real-time, automatically comparing them with historical thresholds to identify ideal entry moments. For technical traders, its “Pattern Recognition” system correctly identified 83% of significant movements in Klabin shares in the last 12 months.
Taxation and costs when investing in Klabin shares
Understanding taxation is fundamental to calculating the actual net profitability when investing in Klabin. The Brazilian tax system for shares has particularities that directly impact your gains:
Income tax on capital gain follows the fixed rate of 15% on profit in normal operations and 20% for day trading. In practice, if you buy Klabin shares for R$10,000 and sell for R$12,000 after a few months, you will pay R$300 in income tax (15% on the profit of R$2,000).
- Capital gain (sale with profit after the same day): 15% on profit, collected via DARF by the last business day of the month following the sale
- Day trade operations (buy and sell on the same day): 20% on profit, with 1% withholding at source as advance payment
- Dividends: completely exempt from income tax for individuals
- JCP (Interest on Own Capital): 15% withholding at source, no need for additional declaration
An efficient tax strategy involves offsetting losses. If you lost R$1,000 in previous operations and earned R$3,000 with Klabin shares, you will pay income tax only on R$2,000 (the difference), saving R$150 in taxes. This compensation can be made indefinitely within the same type of operation.
Costs to consider | Typical value | Optimization strategy |
---|---|---|
Brokerage fee | R$0 to R$10 per order | Concentrate operations in brokerages with zero fee, such as Pocket Option for orders up to R$10,000 |
B3 Fees | 0.03% (buy) + 0.03% (sell) | Unavoidable, but reduced impact with higher volume and less frequent operations |
Custody fee | R$0 to R$30 monthly | Pocket Option and other brokerages waive this fee for clients with assets above R$3,000 |
Income Tax | 15% to 20% on profit | Keep operations for more than one day (15% vs 20%) and offset previous losses |
Pocket Option clients with assets over R$15,000 receive free access to the “Tax Optimizer,” software that automatically suggests operations for tax optimization, such as selling assets at a loss to offset taxable gains. This tool saved an average of R$876 per client in 2024, according to internal platform data.
Specific risks when investing in Klabin
Before deciding how to buy Klabin shares, analyze the specific business risks and their historical impact on share prices:
The paper and pulp sector presents pronounced cycles, with expansion periods typically lasting 18-24 months followed by contractions of 12-18 months. In the last negative cycle (2022-2023), Klabin shares retreated 31% from peak to minimum, recovering completely in the following 14 months.
- Currency risk: each 10% devaluation of the real against the dollar increases Klabin’s EBITDA by approximately 7%, due to exports that represent 42% of total revenue. Inversely, the appreciation of the real pressured margins in 2021, when the stock fell 22% during the 15% appreciation of the Brazilian currency
- Fluctuation in pulp prices: each US$50 variation in the international price per ton of pulp impacts Klabin’s annual EBITDA by approximately R$230 million. In 2023, when the price fell from US$750 to US$580, shares declined 19%
- Climate risks: in 2023, severe droughts in southern Brazil increased production costs by 4.3% due to lower forest productivity, temporarily impacting margins by 1.2 percentage points
- Asian competition: Chinese producers increased capacity by 14% between 2021-2024, pressuring global prices in low demand cycles. During these periods, the volatility of Klabin shares typically increases by 40%
Pocket Option provides automatic alerts for these key risk indicators. Its “Risk Radar” dashboard monitors 23 metrics in real-time, including international pulp prices, exchange rates, and climate events in producing regions, alerting investors to significant changes that may impact Klabin shares.
Investment alternatives in the paper and pulp sector
To diversify your investments beyond Klabin, consider these alternatives in the paper and pulp sector, each with distinct characteristics:
Company | Ticker | Strategic differential | Key metrics (April/2025) |
---|---|---|---|
Suzano | SUZB3 | Largest global producer with 11.4 million tons/year and focus on innovation in biomaterials | P/E: 8.7 | Div.Yield: 2.8% | Net Debt/EBITDA: 2.1 |
Irani | RANI3 | Specialist in sustainable packaging with 73% of energy from renewable sources | P/E: 16.4 | Div.Yield: 3.5% | Net Debt/EBITDA: 1.8 |
International Paper | IP (NYSE) | Global leader with geographic diversification in 24 countries and strong presence in the North American market | P/E: 14.2 | Div.Yield: 4.3% | Net Debt/EBITDA: 2.5 |
UPM-Kymmene | UPM (Helsinki) | Pioneer in wood-derived biofuels, with 36% of revenue from innovative products | P/E: 11.8 | Div.Yield: 3.9% | Net Debt/EBITDA: 1.5 |
The ISUS11 ETF (Corporate Sustainability Index) includes both Klabin and Suzano, with weights of 3.8% and 4.2% respectively. This fund showed a return of 47% in the last 3 years, compared to 84% for Klabin and 62% for Suzano in the same period, evidencing the trade-off between diversification and specific sector return potential.
Pocket Option clients have access to the “Sector Analyzer” module, which automatically compares 32 financial and operational indicators between Klabin and its main competitors, updated quarterly after earnings releases. This tool correctly identified the companies with the best subsequent performance in 76% of analyses in the last 8 quarters.
Conclusion: The future of Klabin shares and their opportunities
Investing in Klabin shares represents the opportunity to participate in the growth of a Brazilian sector leader with global presence. Analyst projections for 2025-2026 indicate appreciation potential between 17% and 24%, driven by the completion of the Puma II project and the favorable cycle predicted for pulp prices starting from the second half of 2025.
For investors looking to buy Klabin shares with advantageous conditions, Pocket Option offers not only competitive rates but a complete ecosystem of analysis, risk management, and tax optimization. Its exclusive tools such as the “Market Pulse” provide real-time insights into institutional capital flows, detecting significant movements in share liquidity in advance.
The paper and pulp market benefits from structural trends such as e-commerce growth (increasing demand for packaging by 8-12% annually) and the replacement of plastics with biodegradable materials (projected growth of 14% per year until 2030). Klabin’s strategy of concentrating 68% of its production on packaging papers positions it favorably to capitalize on these trends.
Remember that understanding how to buy Klabin shares is just the beginning of the journey. Success as an investor depends on continuous monitoring, periodic rebalancing, and adaptation to macroeconomic and sectoral changes. Pocket Option facilitates this journey with personalized weekly reports and configurable alerts about relevant events, allowing you to stay informed without dedicating hours daily to market analysis.
FAQ
What is the minimum value to start investing in Klabin stocks?
There is no official minimum value to invest in Klabin stocks. Technically, you can buy just one share, whose price varies daily. As of April 2025, the approximate value is R$20-25 per share, but many brokerages, including Pocket Option, allow fractional investments, making it possible to start with even smaller amounts.
Do Klabin stocks pay dividends regularly?
Yes, Klabin has a history of regular dividend payments. The company typically distributes earnings quarterly, combining dividends and Interest on Own Capital (JCP). The dividend yield in recent years has remained between 3% and 5% per year, above the average for the Brazilian market.
What is the difference between KLBN3 and KLBN4 stocks?
KLBN3 are common shares, which grant voting rights at company meetings. KLBN4 are preferred shares, which do not grant voting rights, but have priority in dividend distribution, generally receiving higher values than common shares. KLBN4 shares typically have higher liquidity in the market.
Is it possible to invest in Klabin stocks from abroad?
Yes, foreign investors can acquire Klabin shares through ADRs (American Depositary Receipts) traded on the US market under the ticker KLBAY, or directly on B3 through international brokerages that offer access to the Brazilian market. Pocket Option facilitates this process for investors from various countries.
How does the dollar variation affect Klabin stocks?
Klabin is a significant exporter, with approximately 40% of its revenue coming from the foreign market. When the dollar appreciates against the real, the company tends to benefit, as its dollar revenues convert to higher values in reais, while most of its costs remain in the national currency. Conversely, the appreciation of the real can pressure its margins.