BRF SA (BRFS) has released an update.
BRF S.A. has announced an expansion of its Share Buyback Program, with plans to acquire up to 30 million additional shares. This initiative aims to maximize shareholder value and optimize the company’s capital structure, without impacting its financial stability. The buyback will be facilitated by several financial institutions and is backed by the company’s substantial capital reserve.
For further insights into BRFS stock, check out TipRanks’ Stock Analysis page.