Pular para conteúdo

Itaúsa continuously seeks to generate value for its stakeholders. For stockholders, this objective is also achieved by increasing earnings per share (and, consequently, dividends per share over time), which can be favored by shares buyback.

Thus, when the company evaluates that its share price is reasonably below its intrinsic value, either due to market circumstances or due to inaccurate valuation, and the return on investment is attractive, buyback programs can be set to increase the return to stockholders, always observing the company's financial condition.

In February 2021, a Itaúsa announced a new Share Buyback Program up to the limit of 250 million shares (50 million common shares and 200 million preferred shares), which represented, on that date, 4.5% outstanding shares. This program will remain opened until 08.23.2022 and is supported by the recent increase in the net asset value detached from the market value of Itaúsa shares and by the potential value creation in the coming years from all the companies in the portfolio.

In line with the best Corporate Governance practices, Itaúsa voluntarily established its Operational Rules for the Trading of its Own Shares for Treasury , and discloses, on a monthly basis, the volumes traded and the minimum, average and maximum prices adopted by Itaúsa in its transactions with its own shares.

The latest negotiations made by Itaúsa in the last years were:

Common shares (ITSA3)

Period Traded Volume Minimum Price Average Price Maximum Price
2021
2020
2019
2018
2017 50,970,229 8.81 8.81 8.81
2016 26,819,000 7.61 7.61 7.61
2015 2,635,200 8.71 8.99 9.17
2014 7,718,200 9.20 9.55 9.91
2006 to 2013
2005 10,983,372 6.59 6.70 6.70

Preferred Shares (ITSA4)

Period Traded Volume Minimum Price Average Price Maximum Price
2021 8,000,000 10.80 11.22 11.54
2020
2019
2018 3,500,000 8.95 9.34 9.63
2017
2016
2015 2,000,000 7.23 7.38 7.49
2014 2,200,000 8.90 9.10 9.28
2013
2012
2011 8,700,000 8.71 9.25 9.85
2010
2009
2008 26,200,000 9.86 10.57 11.34
2007 4,797,000 11.42 11.61 11.74
2006 11,974,000 10.15 10.39 10.81
2005 62,562,008 5.67 5.98 6.31
This website uses cookies (including cookies from our partners' websites) to give you the best experience possible, in addition to monitor and analyze website traffic. You can change your preferences at any time in your browser’s cookie settings. Learn more about the processing of your data on our Privacy Policy. OK
go to top hlkCulturaPtBR