2023-05-12 02:26:33 ET
- Vitru ( NASDAQ: VTRU ) Board of Directors has approved a share buyback program to purchase up to 500K shares until the earlier of the completion of the buybacks and May 15, 2024.
- The company expects to finance the purchases with own cash balances derived from retained and future earnings.
- Mr. Carlos Freitas, CFO and Investor Relations officer of Vitru, commented: “This share buyback program reflects our confidence in the long-term growth prospects of Vitru, as well as our commitment to increasing shareholder value.”
For further details see:
Vitru announces 500K shares buyback