XP Inc. Announces New Share Repurchase Program
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XP Inc. has announced a new share repurchase program, allowing the company to buy back up to R$1.0 billion worth of its Class A common shares. The program will start on November 20, 2024.
November 19, 2024 | 9:30 pm
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XP Inc. has initiated a share repurchase program to buy back up to R$1.0 billion of its Class A common shares, potentially boosting its stock price.
Share repurchase programs often lead to a positive impact on stock prices as they reduce the number of shares outstanding, potentially increasing earnings per share and signaling management's confidence in the company's value.
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