Share Buybacks in Brazil Surge Amid High Interest Rate Cycle

Companies rush to repurchase their own stock as market values plummet. This trend reflects a strategic shift in capital allocation, with 98 firms approving buyback programs by November’s end. The number marks a 20% increase from 2023, highlighting a growing preference for self-investment. The total value of open buyback requests approaches R$80 billion ($13 billion). […]