An announcement from Sendas Distribuidora ( (ASAIY) ) is now available.
On March 18, 2025, Sendas Distribuidora S.A. announced the approval of its second share buy-back program, which aims to repurchase up to 8,000,100 common shares, representing 0.59% of its total outstanding shares, over the next 12 months starting April 1, 2025. This initiative is designed to support the company’s Executive Partner Program and Long-Term Incentive Plan, potentially impacting its market positioning by enhancing shareholder value and aligning executive interests with those of the company.
More about Sendas Distribuidora
Sendas Distribuidora S.A. operates in the retail industry, focusing on the distribution of consumer goods. The company is based in Rio de Janeiro, Brazil, and is publicly held with authorized capital, engaging in activities that include the management of a wide range of retail operations.
YTD Price Performance: 50.79%
Average Trading Volume: 1,097,064
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.8B
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