Vinci Partners Investments (VINP) has released an update.
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Vinci Partners Investments Ltd., a prominent alternative investment firm in Brazil, has announced a new share buyback and repurchase plan for up to US$15.0 million of its Class A common shares. The endeavor, replacing a previous plan that reached its limit, will be funded through the company’s Distributable Earnings and is not expected to significantly affect capital levels. Share repurchases will be at the discretion of the company, subject to market conditions and legal requirements, without a set expiration date except upon reaching the buyback limit.
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