Grupo GPS (GGPS3) approved on October 8, 2026 a share buyback program for its own common shares, with a term of up to 18 months, ending on April 8, 2028. The program allows the acquisition of up to 37,617,254 shares, equivalent, on this date, to approximately 5% of the total shares issued by the company and 8.63% of the shares in circulation, with no securities currently held in treasury.
According to the company, the purpose of the Buyback Program is to maximize shareholder value creation through efficient management of the capital structure, using available resources. The acquired shares may remain in treasury, be subsequently sold and/or canceled, be used as payment or consideration in acquisitions of equity interests, assets and businesses, including mergers and acquisitions (M&A), or be used to meet obligations related to the Stock Option Plan approved on April 14, 2022.
On June 30, 2026, the balance of funds available for buyback transactions, in accordance with applicable regulations, was R$ 901,103,734.40. The shares will be acquired on B3 S.A. – Brasil, Bolsa, Balcão, at market price, through Itaú Corretora de Valores S.A. and/or Santander Corretora de Câmbio e Valores Mobiliários S.A.
According to the Board of Directors, execution of the Buyback Program should not impair the company’s ability to meet its obligations to creditors or pay minimum mandatory dividends, as the company maintains a liquidity position and leverage level considered compatible with the initiative.
