StoneCo. Announces New Share Repurchase Program of up to R$ 1 billion
This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023.
- 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.