Tranche Update on SIMPAR S.A.'s Equity Buyback Plan announced on February 4, 2021.
May 06, 2021 at 09:54 pm EDT
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From February 4, 2021 to March 31, 2021, the company has repurchased 2,424,281 shares, representing 0.29% for BRL 106.41 million. With this, the company has completed the repurchase of 2,424,281 shares, representing 0.29% for BRL 106.41 million under the buyback announced on February 4, 2021.
Simpar SA is a Brazil-based provider of financial investment services. It operates as a holding company for JSL Group. Through its subsidiaries, the Company provides services divided in seven segments: JSL Logistica, dedicated to the transportation and logistics sectors; Vamos, involved in leasing, buying, and selling trucks, machinery and new and used equipment; Movida, engaged in in the light vehicle rental and fleet management sector; CS Brasil, which provides services to public agencies and companies, including fleet management and outsourcing, urban passenger transport and urban cleaning services; Original Concessionarias, engaged in sale of Volkswagen, FIAT and Ford cars and parts; BBC, offering financial services, such as leasing, issuing and administration of credit cards and processing of electronic payments; and Holding and others, composed mainly by entities located abroad, used as a fundraising vehicles.
SIMPAR S.A. 
