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The latest announcement is out from Itau Unibanco ( (ITUB) ).
On February 17, 2025, Itaú Unibanco Holding S.A. announced a related-party transaction involving the Itaú Institute of Science, Technology and Innovation (ICTi). This transaction, formalized through a master agreement on July 19, 2023, was designed to foster innovation and technological development. The services provided by ICTi, valued at R$51.8 million, surpassed regulatory thresholds and were conducted under the oversight of the Related Parties Committee, composed entirely of independent board members, ensuring compliance and fair compensation.
More about Itau Unibanco
Itaú Unibanco Holding S.A. is a prominent financial services company based in São Paulo, Brazil, known for providing a wide range of banking products and services. The company focuses on retail and commercial banking, asset management, and insurance, operating with a significant market presence both domestically and internationally.
YTD Price Performance: 22.91%
Average Trading Volume: 27,831,641
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $56.51B
For a thorough assessment of ITUB stock, go to TipRanks’ Stock Analysis page.
