Nu Holdings said its board approved a share repurchase program worth up to 1 billion dollars. The plan will run for 12 months starting June 4 2026.
The decision responds to the company’s ability to generate resources significantly. The board viewed the buyback as an attractive way to allocate capital. Nu Holdings clarified that the program will not affect expansion plans in Brazil, Mexico, Colombia and the United States. Growth initiatives and regulatory capital requirements remain fully funded without changes. Repurchases will occur in the open market under Rules 10b-18 and 10b5-1 of the Securities Exchange Act of 1934. The company is not obligated to buy a specific number of shares and may suspend or modify the program at any time.
