The Buyback Program aims to increase the generation of value for the Company’s shareholders, through the acquisition of common shares of its own issue, to remain in treasury, cancellation, subsequent sale of shares in the market, allocation to the eventual exercise of rights in the scope of the stock option plan, or other purposes to be established by the Board of Directors, without reducing the Company’s capital stock, in compliance with the provisions of paragraph 1 of article 30 of the Corporation Law, and in the rules set forth in CVM Instruction 567/15.
| Program | Creation Date | Deadline for carrying out the operation | Maximum number of shares that may be repurchased in the period | Status | Average Price |
|---|---|---|---|---|---|
| 1st Buyback Program | 5/26/2021 | 5/27/2022 | 800,000 | Concluded on 10/26/2021 | R$ 8.18 |
| 2nd Buyback Program | 1/17/2022 | 1/18/2023 | 1,000,000 | Concluded on 7/22/2022 | R$ 5.44 |