Because the Eighties, inventory buybacks have grow to be a phenomenon within the U.S., with S&P 500 corporations setting a brand new report for share repurchases final 12 months. Certainly, they’re now making their manner into the Brazilian inventory market as nicely, with 108 such offers in 2021 alone — 44 p.c greater than within the earlier 12 months.
Inventory buybacks happen when an organization repurchases its personal shares from the inventory market. Typically they will profit shareholders and could be an environment friendly option to return capital.
In Brazil, corporations should file for buyback authorization from securities regulators, earlier than having 18 months to…