Vulcabras (VULC3) approved on Tuesday, August 4, 2026, a new share buyback program, lasting up to 18 months, through February 4, 2028. The plan allows the repurchase of up to 15,000,000 common shares, which represents approximately 13.56% of the 110,618,680 shares outstanding on the announcement date.
On the same day, the board of directors ended the buyback program approved on March 11, 2025, which had already reached its authorized limit. The company reports that it currently holds 3,869,249 treasury shares, acquired under all of its buyback programs.
According to Vulcabras, the objectives of the new program are to create value for shareholders through capital structure management, use shares for share-based compensation programs, for payment of part of the price in corporate transactions, holding in treasury or subsequent sale, in accordance with applicable regulations.
Purchases will be made on B3 S.A. – Brasil, Bolsa, Balcão, at market prices, through XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S/A and BTG Pactual CTVM S/A as intermediaries. The transactions will use funds from the profit reserve account, subject to regulatory limits, and the executive board will determine the timing and number of shares to be effectively repurchased.
