PagSeguro Digital Shares Rise After Dividend, Buyback Plans

MT Newswires Live

Sep 03

PagSeguro Digital (PAGS) shares were up over 7% in Wednesday trading following its dividend and share buyback plans.

Late Tuesday, the firm said it expects to distribute at least 2 billion Brazilian reais ($391.5 million) in dividends during 2027 and 2028 as part of its capital optimization plan.

PagSeguro also said its board has authorized a program to buy back up to $150 million of Class A shares, effective immediately with no fixed expiration date.

Price: 9.84, Change: +0.70, Percent Change: +7.60

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