Mexico - Delayed Quote MXN

Ultrapar Participações S.A. (UGPN.MX)

87.00

+87.00

(0.00%)

At close: May 2 at 7:01:23 AM CST

Ultrapar Strengthens Stake in Hidrovias with R$500 Million Capital Advance

Ultrapar Participacoes SA ( (UGP) ) has provided an update. Ultrapar Participações S.A. announced the execution of an Instrument of Advance for Future Capital Increase (AFAC) with Hidrovias do Brasil S.A. amounting to R$500 million. This strategic move aims to strengthen the capital structure of Hidrovias, reduce its debt level, and support its growth and value creation plan. The AFAC will be capitalized in a future share subscription, maintaining Ultrapar Logística’s stake in Hidrovias and avoi

TipRanks 4 months ago

UGP
Ultrapar Announces New Share Buyback Program

Ultrapar Participacoes SA (UGP) has released an update. Ultrapar Participações S.A. has announced a new shares buyback program, allowing the acquisition of up to 25 million common shares, representing 2.24% of its capital stock. The buyback is aimed at supporting the company’s stock-based incentive plan and will be conducted through Brazil’s B3 stock exchange until December 2025. This strategic move is designed to enhance shareholder value and optimize capital management. For further insights in

TipRanks 5 months ago

UGP