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
Show less
Read more
Impact Snapshot
Event Time:
XP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
XP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
XP alerts
High impacting XP Inc. - Class A news events
Weekly update
A roundup of the hottest topics
XP
News
- Lula's Weakened Spending Cut Plan Wins Final Congress Approval [Yahoo! Finance]Yahoo! Finance
- A 1130% Share Price Rally Draws Questions From Brazil's Stock Exchange Operator [Yahoo! Finance]Yahoo! Finance
- XP Inc. (XP): Among the Oversold Global Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Lula Ignores Aides and Sparks Market Rout That Threatens Economy [Yahoo! Finance]Yahoo! Finance
- XP Inc. Q3: Modest And Without Triggers For Abrupt Improvement [Seeking Alpha]Seeking Alpha
XP
Earnings
- 11/19/24 - Beat
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