tiprankstipranks
StoneCo Launches R$ 2 Billion Share Buyback Program
Company Announcements

StoneCo Launches R$ 2 Billion Share Buyback Program

Stoneco (STNE) has released an update.

Don't Miss our Black Friday Offers:

StoneCo Ltd. has announced a new share repurchase program worth up to R$ 2 billion, replacing its previous R$1 billion program. This move highlights the company’s strong financial position and commitment to enhancing shareholder value. The repurchases will be conducted based on market conditions and other business requirements.

For further insights into STNE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyStoneCo call volume above normal and directionally bullish
TheFlyStoneCo price target lowered to $12 from $13 at Barclays
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App