(Corrects to show shares rising)
May 7 (Bloomberg) -- Lupatech SA, a Brazilian provider of oil equipment and services, rose 3.2 percent to 4.35 reais at 11:19 a.m. in Sao Paulo.
The company said stockholders approved the issuance of shares at 4 reais each and the conversion of local bonds into stock, according to a regulatory filing.
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