Tranche Update on Porto Seguro S.A.'s Equity Buyback Plan announced on January 30, 2019.
November 13, 2019 at 04:13 pm EST
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From July 1, 2019 to September 30, 2019, the company has repurchased 231,600 shares, representing 0.07% for BRL 12 million. With this, the company has completed the repurchase of 375,400 shares, representing 0.12% for BRL 19.91 million under the buyback announced on January 30, 2019.
Porto Seguro SA is a Brazil-based company primarily engaged in the automobile insurance sector. The Company's activities are divided into six business segments: Car insurance, which offers automobile insurance products; Health insurance and plans, which provides health and dental insurance policies and healthcare plans; Life insurance and pension plan, which includes life insurance products and management of pension plans; Other insurance, which provides other non-life insurance policies; Financing, which is involved in the credit transactions, and Other, which mainly includes insurance services provided in Uruguay. In addition, the Company offers a range of services not related to insurance activity, such as electronic protection and surveillance and distribution of automotive parts. The Company is controlled by Porto Seguro Itau-Unibanco Participacoes SA.
PORTO SEGURO S.A. 
