Hospital Mater Dei S.A. (BOVESPA:MATD3) announces a share repurchase program. Under the program, the company will repurchase up to 9,613,168 shares, representing 2.51% of its issued share capital. The main objective of the program is to maximize the value generation for the shareholder through an efficient management of the capital structure.

The shares repurchased in the program will be held in the company?s treasury and subsequently cancelled, alienated, used to meet the company?s stock option program and/or eventual acquisition in other companies. The shares will be repurchased using the available funds. The program will valid for a period of 18 months.

As of April 4, 2024, the company had 286,400 shares in treasury.