|Bid||15.95 x 800|
|Ask||16.01 x 4000|
|Day's Range||15.95 - 16.61|
|52 Week Range||15.95 - 36.36|
|Beta (5Y Monthly)||1.47|
|PE Ratio (TTM)||13.78|
|Earnings Date||Feb 06, 2023 - Feb 10, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.21|
Subscribe to Yahoo Finance Plus to view Fair Value for XP
XP Inc will buy back 5.5 million of its shares worth $105 million from conglomerate Itausa SA, which has been unloading its holding in the Brazilian broker to buy stakes in other companies. The deal, announced by XP on Thursday, is not a part of its share buyback plan stated in May and comes days after the company posted a jump in third-quarter profit, helped by higher client assets. Shares of XP fell 4% in premarket trading on Thursday.
SÃO PAULO, November 10, 2022--XP Inc. (Nasdaq: XP), announced today that it has signed a share purchase agreement with Itaúsa S.A. Under this agreement, XP will purchase 5,500,000 outstanding Class A common shares from Itaúsa S.A., equivalent to approximately U$105 million, in the same conditions for which Itaúsa sold 10,000,000 Class A shares on November 9th, 2022. XP should utilize its existing cash to fund this share repurchase and the shares should be held in treasury. This transaction is no
XP ( NASDAQ:XP ) Third Quarter 2022 Results Key Financial Results Revenue: R$3.49b (up 12% from 3Q 2021). Net income...