B3 S.A. - Brasil, Bolsa, Balcão announces an Equity Buyback for 250,000,000 shares, representing 4.32% of its issued share capital.
March 22, 2023
Share
B3 S.A. - Brasil, Bolsa, Balcão (BOVESPA:B3SA3) announces a share repurchase program. Under the program, the company will repurchase up to 250,000,000 common shares representing 4.32% of the company's outstanding shares. The repurchased shares will either be cancelled or used for transferring shares to the Stock Option Plan beneficiaries.
B3 SA Brasil Bolsa Balcao, formerly BM&F Bovespa SA Bolsa de Valores Mercadorias e Futuros, is a Brazil-based financial market infrastructure provider. The Company's service offerings range from exchange trading, clearing and other post-trading services to registration of over-the-counter (OTC) transactions. The Company also provides a listing service and acts as central securities depository (CSD). It develops software solutions and offers index licensing services. Its business is divided into four segments: Bovespa, which covers trading, clearing and settlement of equities and equity derivatives; BM&F, which covers trading, clearing and settlement of financial and commodities derivatives; Cetip Securities (Cetip UTVM), covering registration, clearing, settlement and custody systems for fixed-income securities and OTC derivatives, and Cetip Financing (Cetip UFIN), which provides an integrated private electronic system for registration of vehicle and real estate loans.
B3 S.A. - BRASIL, BOLSA, BALCÃO 