Afya Adopts 1.8M Share Buyback Program

  • Afya Ltd AFYA Board of Directors has approved a new share repurchase program to repurchase up to 1.8 million of its shares, representing 4% of its free float.
  • The company plans to begin the repurchase program on January 27, 2022, and complete it by December 31, 2022.
  • Afya expects to utilize its existing funds and future dividends to be received from Afya Participações to fund repurchases made under this program.
  • Price Action: AFYA shares traded higher by 9.39% at $13.98 on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsBuybacksSmall CapBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!