BB Seguridade Participações S.A. (BOVESPA:BBSE3) announces a share repurchase program. Under the program, the company will repurchase up to 64,249,172 common shares which represent 9.56% of the outstanding common shares. The shares repurchase will be held in treasury and further sold or cancelled.

The purpose of the program is to create value to the company's shareholders. The program will be valid until February 4, 2025. As of August 4, 2023, the company has 674,984,044 common shares outstanding and 3,249,232 treasury shares.