ARCE - Arco Platform increases share repurchase program

Arco Platform (ARCE) BOD to increase the share repurchase limit of its existing share repurchase program established on January 6, 2021. Company may repurchase up to 2.5M of its outstanding Class A common shares in the open market over a period beginning on March 31, 2021 continuing until the earlier of the completion of the repurchase or January 6, 2023.“The Repurchase Program demonstrates the confidence we have in the fundamentals, strategy and long-term outlook of the Company,” said Ari de Sá Neto, CEO and founder.Press Release

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Arco Platform increases share repurchase program