The Board of Directors of Jalles Machado (JALL3) approved, on November 12, 2026, a buyback program of up to 4,000,000 of the company's own common shares. The volume represents approximately 1.32% of total issued shares and 4.12% of shares outstanding. The goal is to use available funds for the efficient management of the capital structure and the maximization of value creation for shareholders, and/or to satisfy the vesting (release of shares to beneficiaries) of grants under the Long-Term Incentive Program.
The program has a term of up to 18 months, starting on November 12, 2026 and ending on May 12, 2028, inclusive. The shares acquired may be held in treasury, sold or canceled, without a reduction in share capital. Currently, Jalles has 97,003,583 shares outstanding and 1,940,850 shares in treasury.
Purchases will be made on the B3 at market prices, through XP Investimentos and BTG Pactual Corretora. The Executive Board will determine the timing and the number of shares to be acquired, within the approved limits. The acquisitions will be made using funds from the profit retention account, subject to the limits set by regulation.
The minutes of the Board meeting are available on the company's investor relations website, as well as on the CVM and B3 websites.
Is JALL3 worth investing in?
- Price
- R$ 2.15
- as of 11/11/2026
- Dividend yield
- 0.37 %
- P/L
- N/A
- P/VPA
- 0.34
