Cogna Educação (COGN3) approved, at a Board of Directors meeting held on November 11, 2026, a program to repurchase up to 141,792,187 common shares of its own issuance. The volume corresponds to 6.86% of the company's total shares and 7.07% of the shares outstanding in the market. According to Cogna, the goal is to create value for shareholders through efficient management of the capital structure, since, in the company's view, the current share price does not reflect the real value of its assets combined with the outlook for profitability and future results.
Based on the November 6, 2026 position, Cogna has 2,005,508,199 common shares outstanding and 58,758,632 shares held in treasury. The shares acquired will be held in treasury and may be canceled or sold later, without reducing the share capital.
The maximum term for the purchases is 12 months, from November 12, 2026 to November 11, 2027. The Executive Board will determine the timing and the number of shares actually purchased, within the limits approved by the Board of Directors.
Itaú Corretora de Valores, Santander Institucional CCVM and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários will act as intermediaries.
Is COGN3 worth investing in?
- Price
- R$ 1.50
- as of 11/10/2026
- Dividend yield
- 7.91 %
- P/L
- 4.41
- P/VPA
- 0.23
