TOTVS launches 30 million-share buyback program starting Aug. 6

Reuters2026/08/04 21:22

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TOTVS’ board set a new share buyback program, authorizing repurchases of up to 30,000,000 common shares.
The program starts Aug. 6, 2026, runs through Aug. 5, 2027, with repurchased shares slated for cancellation.
The board also canceled 20,000,000 treasury shares from the 2026 I buyback program, without reducing capital.
Share count will fall to 579,401,581 common shares; buybacks will be funded from capital reserves shown in Q1 2026 statements.

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. TOTVS SA published the original content used to generate this news brief on August 04, 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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TOTVS launches 30 million-share buyback program starting Aug. 6

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