C&A Modas S.A. (BOVESPA:CEAB3) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.88% of its share capital. The purpose of the program is to fulfill the exercise of stock purchase options under the existing and approved stock option plans at General Meetings held on October 2, 2019, and April 28, 2023.

The program will be valid till October 18, 2025. As of April 12, 2024, the company had 104,039,641 outstanding shares.