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Inter & Co Announces New Subsidy Period for BDR Conversion

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Inter & Co Announces New Subsidy Period for BDR Conversion

Elevate Your Investing Strategy:

Inter & Company Incorporation Class A ( (INTR) ) has shared an announcement.

Inter & Co, Inc. announced a new subsidy period for the conversion of its Brazilian Depositary Receipts (BDRs) into Class A shares, starting June 2, 2025, and ending August 30, 2025. This initiative aims to enhance the liquidity of its Class A shares on NASDAQ, aligning with the company’s long-term strategy. The conversion will be free of charge for shareholders, and Inter & Co will cover the applicable fees, provided certain conditions are met. This move is not expected to impact the company’s financial performance.

The most recent analyst rating on (INTR) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on Inter & Company Incorporation Class A stock, see the INTR Stock Forecast page.

Spark’s Take on INTR Stock

According to Spark, TipRanks’ AI Analyst, INTR is a Neutral.

Inter & Co, Inc. demonstrates strong financial performance with notable revenue and profitability growth, yet faces liquidity challenges and moderate leverage. The stock’s technical indicators show positive momentum, and the valuation is reasonable despite a low dividend yield. The recent earnings call was predominantly positive, showcasing significant achievements, although efficiency and capital adequacy remain areas for improvement. These factors collectively contribute to a moderately strong overall stock score.

To see Spark’s full report on INTR stock, click here.

More about Inter & Company Incorporation Class A

Inter & Co, Inc. operates in the financial services industry, focusing on providing banking and financial solutions. The company is known for its Brazilian Depositary Receipts (BDRs) and Class A shares, with a market presence on NASDAQ and B3 exchanges.

Average Trading Volume: 2,806,201

Technical Sentiment Signal: Buy

Current Market Cap: $3.15B

For detailed information about INTR stock, go to TipRanks’ Stock Analysis page.

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