Financeira Alfa S.A. - Crédito, Financiamento e Investimentos announces an Equity Buyback for 300,000 shares, representing 4.9% of its issued share capital.
November 13, 2017 at 09:19 pm
Share
Financeira Alfa S.A. - Crédito, Financiamento e Investimentos (BOVESPA:CRIV3) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 common shares representing 4.90% of the common shares outstanding. The shares repurchased will be cancelled. The program will be funded from the liquid funds available and from the capital reserves account. The program will be valid for 18 months until May 13, 2019. At October 31, 2017, the company had 6,116,470 common shares outstanding and 40,600 common shares in treasury.
Financeira Alfa SA CFI, formerly Financeira Alfa SA Credito Financiamento e Investimentos, formerly known as Companhia Real De Investimento - Credito Financiamento e Investimentos, is a Brazil-based company that offers a range of credit and financing services. The Company provides various financial services and products, such as direct consumer credits, personal loans, credit cards and car financing services, among others. The Company mainly offers its services and financing solutions to the automobile market, retail groups and employees of big companies. The Company is active in Brazil. Financeira Alfa SA Credito Financiamento e Investimentos is a part of Conglomerado Financeiro Alfa, which is led by Banco Alfa de Investimento SA.
Financeira Alfa S.A. - Crédito, Financiamento e Investimentos announces an Equity Buyback for 300,000 shares, representing 4.9% of its issued share capital.
FINANCEIRA ALFA S.A. - CRÉDITO, FINANCIAMENTO E INVESTIMENTOS 
