Arco announces limit increase to its share repurchase program

SÃo paulo, brazil--(business wire)--arco platform limited, or arco (nasdaq: arce), today announced that its board of directors has approved to increase the share repurchase limit of its existing share repurchase program established on january 6, 2021, or the repurchase program. pursuant to the increased repurchase limit, arco may repurchase up to 2.5 million of its outstanding class a common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, o
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