XP Inc Announces New Share Repurchase Program
XP Inc. - Class A (XP)
Company Research
Source: Business Wire
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), announced today that its board of directors has approved a new share repurchase program, which aims to neutralize future shareholder dilution due to the vesting of Restricted Stock Units (RSUs) from the Company’s long-term incentive plan. The Company proposes to undertake a share repurchase program pursuant to which the Board can annually, in each calendar year, approve the repurchase by the Company of a number of Class A Common Shares equal to the number of RSUs that have vested or will vest during the current calendar year.Under the approved repurchase program for 2024, XP may repurchase up to 2,500,000 Class A Common Shares within the period commencing on February 28, 2024, and ending on December 27, 2024. Such purchases shall occur in the open market, based on prevailing market prices, or in privately negotiated transactions, depending upon market conditions. XP’s board of directors will review the repurchase program periodical
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XP
News
- XP Inc. Files Its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
- XP Appoints Victor Mansur as Chief Financial Officer Effective August 1, 2024 [Yahoo! Finance]Yahoo! Finance
- XP Announces Corporate Governance Changes to Support its Next Chapter of Growth [Yahoo! Finance]Yahoo! Finance
- XP Appoints Victor Mansur as Chief Financial Officer Effective August 1, 2024Business Wire
- XP Inc. Files Its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2023Business Wire
XP
Earnings
- 2/27/24 - Beat
XP
Sec Filings
- 4/26/24 - Form 20-F
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- XP's page on the SEC website