Ultrapar Approves New Executive Share Program

Ultrapar Participacoes SA (UGP) has released an update.

Ultrapar Participações S.A. has announced the approval of the 3rd Restricted Share-based Compensation Program by its Board of Directors, aiming to grant shares to designated executives as part of its stock-based compensation plan. The program and its participant contracts will be kept on record at the company’s headquarters. The board’s unanimous decision reflects the company’s ongoing commitment to aligning the interests of its executives with those of its shareholders.

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