On Thursday, August 13, 2026, Compass Gás e Energia (PASS3) reported that its board of directors had approved a share buyback program of up to 3,200,000 common shares issued by the company. The program will run for 18 months, starting on August 14, 2026, and ending on February 14, 2028.
The authorized limit corresponds, on the date of the announcement, to approximately 0.44% of the company’s total shares and about 1.86% of the shares in circulation, which amount to 170,143,876 shares. The repurchased shares may be held in treasury for subsequent cancellation, sale and/or use in a share-based compensation plan for executive retention.
According to Compass, no material economic effects are expected from the program, and the amount to be spent should not generate relevant accounting effects. The company also states that the buyback will not affect its ability to meet obligations to creditors or pay mandatory minimum dividends, citing a comfortable liquidity position and a controlled leverage level.
The transactions will be carried out with the company’s available resources, represented by the balance of the capital reserve, which totaled R$ 1,857.809 million as of June 30, 2026, according to the financial statements. The effective acquisition of the shares will depend on the availability of resources at the time of each transaction and compliance with the limits and terms of the applicable regulations.
