BRF SA (BRFS) has released an update.
BRF S.A. has announced the launch of a new share buyback program aimed at enhancing shareholder value and optimizing its capital structure, with plans to repurchase up to 14 million shares over an 18-month period starting May 8, 2024. The buybacks, which may be used for treasury stock, sales, cancellation, or stock option plans, will be funded through the company’s capital reserve and are not expected to affect its financial stability or shareholding composition.
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