Lavvi Empreendimentos Imobiliários S.A. (LAVV3) approved, at a Board of Directors meeting held on August 4, 2026, the implementation of a new share repurchase program of its own issuance, starting on August 10, 2026. The program provides for the possibility of acquiring up to 7,446,082 common shares, which corresponds to 10% of the shares in circulation in the market, over 18 months, through February 10, 2028.
According to the company, the purpose of the repurchase is to acquire shares for holding in treasury and subsequent cancellation or sale, seeking the efficient use of available funds and the maximization of value for shareholders. Of the total 195,434,352 shares issued by Lavvi, 120,973,523 shares belonging to the controlling group and officers were excluded, resulting in 74,460,829 outstanding shares considered for calculating the repurchase limit.
The share repurchase program will be carried out through the brokerage firms BTG Pactual Corretora de Títulos e Valores Mobiliários S.A., Itaú Corretora de Valores S.A. and XP Investimentos CCTVM S.A. Lavvi’s Executive Board was granted authority to define the timing and number of shares to be effectively acquired, in one or several transactions, subject to the limits approved by the Board of Directors and the applicable regulations.
