Tranche Update on TOTVS S.A.'s Equity Buyback Plan announced on August 5, 2020.
August 05, 2020 at 06:47 pm EDT
Share
From March 6, 2020 to June 30, 2020, the company has repurchased 5,100,900 shares, representing 0.89% for BRL 94.72 million. With this, the company has completed the repurchase of 5,100,900 shares, representing 0.89% for BRL 94.72 million under the buyback announced on August 5, 2020.
Totvs SA is a Brazil-based company engaged in the information technology (IT) sector. The Company focuses on developing integrated management software solutions, collaboration and productivity platforms, as well as on consulting services. The Company mainly provides enterprise resource planning (ERP) applications, which electronically integrate the strategic and operational levels of a user company. It offers ERP software in various areas, such as administration, education, finance, industrial, human resources, customer service and logistics. The Company operates in Brazil, Argentina, Colombia, Mexico, Portugal and the United States, among others. It controls a number of subsidiaries, including Solucoes em Software e Servicos TTS Ltda, Datasul Argentina SA and Neolog Consultoria e Sistemas SA.
TOTVS S.A. 
