The Board of Directors of Minerva (BEEF3) approved, at a meeting held on November 11, 2026, the creation of a new share buyback program. The program provides for the acquisition of up to 36,577,055 common shares of the company, with a term of 12 months.
According to Minerva, the main objective is to use available funds to purchase shares on the stock exchange, at market prices, in order to foster value creation for shareholders. The acquired shares may be held in treasury, canceled or subsequently sold on the market or to participants in the company's share-based incentive plans.
The Executive Board will determine the timing and the number of shares to be purchased, within the approved limits. The buyback of the maximum number of shares will depend, among other factors, on the number of shares already held in treasury and on available funds, subject to legal and regulatory limitations.
The other terms and conditions of the program are set out in the minutes of the Board meeting, made available on the investor relations websites of Minerva, the CVM and B3.
Is BEEF3 worth investing in?
- Price
- R$ 2.80
- as of 11/10/2026
- Dividend yield
- 6.99 %
- P/L
- 6.11
- P/VPA
- 1.77
