Hapvida approves repurchase of up to 21 million shares

Hapvida’s board of directors approved a buyback program for up to 21 million common shares. The operation will have a term of 18 months and, in all, the company has 217 million shares in circulation. The program’s objective, according to Hapvida, is to take advantage of possible opportunities to allocate its resources in order to maximize the generation of value for shareholders.

Source: Money Times