XP Inc. (Nasdaq: XP) announced a new share repurchase program approved by its board of directors. The program allows XP to repurchase up to R$1.0 billion worth of its outstanding Class A common shares. The buyback will be conducted in the open market or through privately negotiated transactions, starting May 21, 2025, and continuing until December 31, 2026, or until the repurchase is completed. The program's timing and volume will depend on market conditions and other factors, and XP may modify or discontinue the program at any time.
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