On March 16, 2020, Cosan S/A approved its Share Buyback Program, valid until September 15, 2021
The shares acquired through the Share Buyback Program will remain in treasury for subsequent sale or cancellation.
Click here to access the Material Fact regarding the Share Buyback Program.
|OPERATION DEADLINE:||September 15, 2021|
|MAXIMUM NUMBER OF SHARES THAT CAN BE REPURCHASED IN THE PERIOD:||10,000,000 shares (representing approximately 2.54% of the outstanding shares).|
|OUTSTANDING SHARES ON THIS DATE:||135,704,908 shares|
|COMPANY’S PROFIT RESERVE:||R$6,636,516 (in thousands)|
See below the summary of Issues and Cancellation of Shares:
|Date||Movement||Common Shares||% of Common Shares||Approved by|
|02/22/2017||Capital Increase||610,000||0.15%||Board of Directors|
|03/26/2019||Cancellation of Shares held in Treasury||– 9,000,000||-2.21%||Board of Directors|
|10/24/2019||Cancellation of Shares held in Treasury||– 4,694,353||-1.18%||Board of Directors|