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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は、公開市場で未解約のクラスA普通株式に対して、ブラジルレアルで10億レアル(ブラジルレアル)に相当する金額までの新しい株式の買取りプログラムを発表しました。

Benzinga ·  2024/11/20 05:13

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.

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