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%