Brazil's JBS approves share buyback program

 

Reuters

via Regina Leader-Post (Canada) - May 11, 2022

 

Brazilian meatpacker JBS SA said on Wednesday its board approved a share buyback program of up to around 113.5 million common shares to be carried out within 18 months.

 

The company also said it has canceled 26,685,500 common shares it held in treasury.

 

(Reporting by Carolina Pulice Editing by Chris Reese)

 

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