Morningstar

XP Opens BRL1 Billion Stock Buyback Program

Provided by Dow Jones May 18, 2026, 8:47:00 PM

By Dean Seal

The investment management firm XP has launched a program to repurchase up to 1 billion Brazilian reals worth of stock.

The Sao Paulo-based company said its board has authorized the program to run from Tuesday through May 20 of next year, unless the full allotment of the program is used up before then.

The board is letting management appoint a broker to buy shares on their behalf.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

May 18, 2026 16:47 ET (20:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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