Dexco S.A. announces an Equity Buyback for 20,000,000 shares, representing 6.76% of its issued share capital.

Dexco S.A. (BOVESPA:DXCO3) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 common shares, representing 6.76% of the shares outstanding. The acquisition aims to maximize the generation of shareholder value, through the efficient management of the capital structure, with the acquisition of ordinary shares of its own issuance, to be held in treasury, subsequent sale in the market and/or cancellation, without reducing the company's capital stock.

The program is valid till July 13, 2023. As of January 12, 2022, the company had 295,712,981 ordinary shares issued in market and 6,489,405 shares in treasury.