XP Announces New Share Repurchase Program Of Up To The Amount In Dollars Equivalent To R$1.0 Billion (One Billion Brazilian Reais) Of Its Outstanding Class A Common Shares In The Open Market
XP Announces New Share Repurchase Program Of Up To The Amount In Dollars Equivalent To R$1.0 Billion (One Billion Brazilian Reais) Of Its Outstanding Class A Common Shares In The Open Market
XP Inc. (NASDAQ:XP), announced today that its board of directors has approved a new share repurchase program. Under the repurchase program, XP may repurchase up to the amount in dollars equivalent to R$1.0 billion (one billion Brazilian Reais) of its outstanding Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on November 20th, 2024 continuing until the earlier of the completion of the repurchase or November 20th 2025, depending upon market conditions. XP's board of directors will review the repurchase program periodically and may authorize adjustments to its terms and size or suspend or discontinue the repurchase program. XP expects to utilize its existing cash to fund repurchases made under the repurchase program.
XP Inc.（納斯達克：XP）今天宣佈，其董事會已批准一項新的股份回購計劃。在回購計劃下，XP可在公開市場上以當前市場價格或通過私下談判的方式回購最高達相當於10億巴西雷亞爾（即10億巴西雷亞爾）的已發行A級普通股，回購期自2024年11月20日開始，持續至回購完成或2025年11月20日，以先到者爲準，具體取決於市場情況。XP的董事會將定期審查回購計劃，並可能授權調整其條款和規模，或暫停或停止回購計劃。XP預計將利用其現有現金爲回購計劃下的股份回購提供資金。
