StoneCo Doubles Down: R$2B Share Buyback Shows Market Confidence

Brazilian fintech powerhouse StoneCo has placed a substantial wager on its future. The company will buy back R$2 billion ($345M) of its own shares, representing 13% of its publicly traded stock. This move comes after successfully completing an earlier R$1 billion ($172M) repurchase program, where it acquired shares at an average price of $13.52. The […]