SAO PAULO (Reuters) – The board of directors of Yduqs has approved the creation of a buyback program of up to 20.5 million common shares with a duration of up to 18 months, the higher education company said on Monday, in a material fact. to the market.
Yduqs stated that the program will serve to generate value for shareholders or target company executives within the scope of share-based incentive plans.
The maximum amount to be repurchased represents 6.6% of the total shares issued by Yduqs.
(By Andre Romani)
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