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Banco Pine cancels 2 million preferred shares held in treasury

PUBT·07/16/2026 22:58:13
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Banco Pine cancels 2 million preferred shares held in treasury
  • Banco Pine’s board met on July 16, 2026, to address treasury stock, setting up a reduction in outstanding preferred shares.
  • Directors authorized the cancellation of 2 million preferred registered shares held in treasury, without reducing stated share capital.
  • The shares were repurchased under the company’s buyback program, in line with CVM Resolution No. 77.
  • The board will submit the cancellation to the next shareholders’ meeting to amend bylaws, reflecting 257,888,724 total shares and BRL 1.27 billion capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Pine SA published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.