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. 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.The board of directors of XP has authorized management to appoint a broker for the repurchase program to purchase the Class A common shares on its b
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XP
News
- XP Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- XP Inc. Reports Third Quarter 2024 ResultsBusiness Wire
- XP Inc. Announces Cash DividendBusiness Wire
- XP Inc. (XP): An Oversold Midcap Stock to Buy [Yahoo! Finance]Yahoo! Finance
- XP Inc (BSP:XPBR31) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
XP
Earnings
- 11/19/24 - Beat
XP
Analyst Actions
- 10/16/24 - JP Morgan
XP
Sec Filings
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- XP's page on the SEC website