StockWatch
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Major Banks
BuybackOct 23, 2026, 06:01 AM

Banco Bradesco Renews Share Buyback Program for up to 106.6M Shares

AI Summary

Banco Bradesco S.A. announced the renewal of its share buyback program, approved by its Board of Directors. The program allows for the acquisition of up to 106,584,881 shares, comprising both common and preferred shares, to be held in treasury and potentially cancelled or disposed of without reducing the company's capital stock. The buyback period is set from November 8, 2026, to May 8, 2028.

Key Highlights

  • Banco Bradesco S.A. Board of Directors approved renewal of share buyback program.
  • The program authorizes the acquisition of up to 106,584,881 shares.
  • This includes up to 53,413,506 common shares and 53,171,375 preferred shares.
  • Acquired shares will be held in treasury and subsequently cancelled or disposed of.
  • The buyback program is authorized from November 8, 2026, to May 8, 2028.