Banco Pine cancels 4 million preferred shares held in treasury

Reuters2026/08/21 13:08

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Board meeting on Aug. 21, 2026 set the cancellation of 4,000,000 treasury-held registered preferred shares without reducing share capital.
Cancellation tied to shares repurchased under a buyback program aligned with CVM Resolution 77 dated March 29, 2022.
First subsequent shareholders’ meeting to vote a charter update reflecting post-cancellation capital of BRL 1.27 billion split into 253,888,724 shares.
Board noted an active buyback plan authorized May 12, 2026 for up to 10,000,000 common and/or preferred shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Pine SA published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banco Pine cancels 4 million preferred shares held in treasury

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