Stonecoal Creek

StoneCo’s Investor Day

Retrieved on: 
Wednesday, November 15, 2023
Stonecoal Creek, Cryptocurrency

GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announces the Investor Day will begin shortly, at 9:00 am ET.

Key Points: 
  • GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announces the Investor Day will begin shortly, at 9:00 am ET.
  • The supporting materials, including videos and presentations, will be available in the Events section of the Investor Relations website ( https://investors.stone.co/ ).

StoneCo. Announces New Share Repurchase Program of up to R$ 1 billion

Retrieved on: 
Tuesday, November 14, 2023
Stonecoal Creek, Share repurchase, Rock (geology), GEORGE, Car rental

This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023.

Key Points: 
  • This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023.
  • Under the former program, Stone repurchased a total of 5,733,740 shares on an average price of US$ 10.29 per share, with a total amount of US$ 59.0 million.
  • The new repurchase program will be effective with timing of the full amount to be repurchased to be determined after further consultation with the Board.
  • The program approved does not have a fixed expiration date.

StoneCo’s Registration Link for the Investor Day Webcast and Supporting Materials

Retrieved on: 
Monday, November 13, 2023
Stonecoal Creek, Cryptocurrency

GEORGETOWN, Grand Cayman, Nov. 13, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announced the registration link for the Investor Day webcast is available in the homepage of the Investor Relations website ( https://investors.stone.co/ ).

Key Points: 
  • GEORGETOWN, Grand Cayman, Nov. 13, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announced the registration link for the Investor Day webcast is available in the homepage of the Investor Relations website ( https://investors.stone.co/ ).
  • The event will be on November 15th, with the webcast beginning at 9:00 am ET and ending at approximately 2:30 pm ET.
  • The supporting materials, including videos and presentations, will be available in the Events section of the Investor Relations website.

Stone presents plans for more than doubling profitability over the next four years

Retrieved on: 
Wednesday, November 15, 2023
Stonecoal Creek, R, Food, Growth, TPV, Multimedia, Adjustment, Software, Cryptocurrency, MSMB, Rock (geology)

SÃO PAULO, Nov. 15, 2023 /PRNewswire/ -- During the Investor Day event held in New York on Wednesday (15), Stone (Nasdaq: STNE, B3: STOC31) announced the company's projections for the coming years. With a business model focused on growth and efficiency gains, the expectation is for more than doubling profitability over 4 years, hoping to exceed an adjusted net income of R$ 4.3 billion. In 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion.

Key Points: 
  • With a business model focused on growth and efficiency gains, the expectation is for more than doubling profitability over 4 years, hoping to exceed an adjusted net income of R$ 4.3 billion.
  • In 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion.
  • Now, we have many opportunities for using efficiency to improve profitability, as we have historically prioritized speed of growth", Zinner explains.
  • Stone expanded its base to 3.3 million active payments customers with the addition of 316 thousand new active clients in the quarter.

With market gain and profitability, Stone closed the third quarter with R$ 435 million adjusted net earnings

Retrieved on: 
Friday, November 10, 2023
EBITDA, Yoy, Tax, Stonecoal Creek, MSME, Financial services, Smurfit-Stone Container, R, Growth, TPV, MSME-Champions, EBT, Renewable energy, Bookkeeping

Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.

Key Points: 
  • Adjusted EBT (earnings before taxes) was R$ 545 million, a 228% increase year-on-year, and 21.9% compared to the previous quarter.
  • The Banking platform reached 1.9 million customers, with a 244.2% annual increase, closing the quarter with R$ 4.5 billion in deposits, above 51.1% in the annual comparison.
  • Maintaining the trajectory of evolution and profitability, adjusted net earnings reached R$ 435 million, a 302% increase in the year, with an adjusted net margin of 13.9%, compared to 10.9% in 2Q23.
  • Adjusted net cash closed at R$ 4.9 billion, up 56.5% YoY and 12.3% in the quarter, with a R$ 530 million increase.

StoneCo Ltd. to Announce Third Quarter 2023 Financial Results on November 10th, 2023

Retrieved on: 
Wednesday, October 18, 2023
BRT, Stonecoal Creek, GEORGE

GEORGE TOWN, Grand Cayman, Oct. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2023 financial results on Friday, November 10th, 2023 at 5:00pm ET (7:00pm BRT).

Key Points: 
  • GEORGE TOWN, Grand Cayman, Oct. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2023 financial results on Friday, November 10th, 2023 at 5:00pm ET (7:00pm BRT).
  • A press release with third quarter 2023 financial results will be issued after the market closes that same day.
  • The call will also be webcast live and a replay will be available a few hours after the call concludes.
  • The Company also hereby informs that it will initiate its Quiet Period related to its third quarter 2023 financial results on October 23rd, 2023.

StoneCo Announces Organizational Changes to Prioritize Client Segments & Software Integration

Retrieved on: 
Monday, October 9, 2023
Stonecoal Creek, Insper, Sustainability, Innovation, Organization, Oracle Financial Services Software, Heart, University, Shared services, Rock (geology), Health, Education, Ecosystem, Marketing, Growth, Operation, AB InBev, Kraft Heinz, Executive Committee, Business development, Financial services, Management, Sales, Software

The Financial Services reporting segment will be led by three leaders who will each be responsible for managing StoneCo’s business for a specific client category.

Key Points: 
  • The Financial Services reporting segment will be led by three leaders who will each be responsible for managing StoneCo’s business for a specific client category.
  • He will be responsible for managing the Software reporting segment, its go-to-market business and integration initiatives.
  • Mr. Bassili has extensive experience managing people and integration efforts in organizations and will leverage his responsibilities to accelerate the integration of Software within each client segment.
  • Gilsinei Hansen, current COO of Software, will remain in the Company as a senior advisor, involved in the daily operations of the Software business and its integration initiatives.

StoneCo Announces Repurchase Program

Retrieved on: 
Tuesday, October 3, 2023
Rock (geology), Stonecoal Creek, Share repurchase, Cryptocurrency, Bank

GEORGETOWN, Grand Cayman, Oct. 03, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announced that its Board of Directors, pursuant to written resolutions dated September 21, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 300 million in outstanding Class A common shares.

Key Points: 
  • GEORGETOWN, Grand Cayman, Oct. 03, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announced that its Board of Directors, pursuant to written resolutions dated September 21, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 300 million in outstanding Class A common shares.
  • The repurchase program goes into effect as of the date of the Board Resolution.
  • The share repurchases may be made from time to time through open market transactions, block trades, privately negotiated transactions or otherwise and are subject to market and business conditions, levels of available liquidity, cash requirements for other purposes, regulatory, and other relevant factors.

StoneCo Announces the Passing Away of Luiz André Barroso

Retrieved on: 
Tuesday, September 19, 2023
Stonecoal Creek, Friends, Rare-earth element, Management, Industrial design

GEORGETOWN, Cayman Islands, Sept. 19, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”) is saddened to announce the passing of Board Member Luiz André Barroso on September 17th, 2023.

Key Points: 
  • GEORGETOWN, Cayman Islands, Sept. 19, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”) is saddened to announce the passing of Board Member Luiz André Barroso on September 17th, 2023.
  • Mr. Barroso, who joined our Board on April 6th, 2023, made significant contributions to our technology team and overall strategy.
  • Our hearts and thoughts are with Luiz’s family, friends, and colleagues.
  • Future decisions regarding his Board seat will be made in due course.

StoneCo Informs Correction in the Number of Weighted Average Diluted Shares

Retrieved on: 
Thursday, August 17, 2023
Stonecoal Creek, Rare-earth element, Security (finance)

GEORGETOWN, Cayman Islands, Aug. 17, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”), informs its shareholders and the market that the number of weighted average diluted shares in the three and six months ended June 30, 2023 is 326,912,231 and 325,655,217, respectively, and not 340,874,065 and 339,621,097, respectively, as published on August, 16, 2023.

Key Points: 
  • GEORGETOWN, Cayman Islands, Aug. 17, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”), informs its shareholders and the market that the number of weighted average diluted shares in the three and six months ended June 30, 2023 is 326,912,231 and 325,655,217, respectively, and not 340,874,065 and 339,621,097, respectively, as published on August, 16, 2023.
  • As a result, the correct number of diluted earnings (loss) per share and adjusted diluted earnings per share are shown in the table below: