Patria Investments (PAX) has released an update.
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Patria Investments Limited has announced a new share repurchase program, where the company may buy back up to 1.8 million of its Class A common shares within a year, starting from August 2, 2024. The repurchase will be based on market conditions and could be conducted on the open market or through private transactions. The initiative underscores Patria’s commitment to enhancing shareholder value and may be adjusted or discontinued depending on various market factors.
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