XP Inc. (Nasdaq: XP) announced a new share repurchase program approved by its board of directors. The program allows XP to repurchase up to R$1.0 billion worth of its outstanding Class A common shares. The buyback will be conducted in the open market or through privately negotiated transactions, starting May 21, 2025, and continuing until December 31, 2026, or until the repurchase is completed. The program's timing and volume will depend on market conditions and other factors, and XP may modify or discontinue the program at any time.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.