StoneCo (STNE) announced a CEO transition effective March 2026, with CFO Mateus Scherer stepping into the role and additional executive changes marking the exit of earlier-generation leadership, BofA tells investors in a research note. Despite the unexpected news, the company remains attractively valued with significant excess capital, potentially enabling up to R$6B in dividends and share buybacks over the next 12 months, the firm says. BofA has a Buy rating and $25 price target on the shares.
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