Anima Holding S.A. commences an Equity Buyback Plan, under the authorization approved on March 31, 2022.
July 17, 2022
Share
Anima Holding S.A. (BOVESPA:ANIM3) commences a share repurchases on July 15, 2022, under the program mandated by the shareholders in the Ordinary and Extraordinary Shareholders' Meeting held on March 31, 2022. As per the mandate, the company is authorized to repurchase its own shares which, also including any shares already in portfolio or owned by the controlled companies, may not exceed the limit of 10% of the existing shares. The repurchases will be executed for an amount per share that may never be higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase is carried out, without prejudice to the fact that the amount may never be lower by more than 10% or higher by more than 10% of the closing price recorded by the company shares during the stock market trading session that preceded each buy transaction. The authorization will be valid for a period of 18 months.
On July 14, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to €30 million worth of its shares. The program will commence on July 15, 2022 and will expire on October 31, 2022. As of July 14, 2022, the company has 6,554,425 shares in treasury.
Anima Holding SA, formerly GAEC Educacao SA, is a Brazil-based company principally engaged in the educational sector. The Company's activities are divided into two segments: Higher education and Vertical management. The Higher education division focuses on developing formal and distance education services by offering college degrees and professional specialization courses, including undergraduate, graduate, masters, doctorate and extension degrees. The Vertical management division offers congresses, forums, seminars, specialization and in-company courses to professionals, as well as publishes books and magazines related to management and business. Its educational institutions are located in the states of Minas Gerais and Sao Paulo, Brazil. The Company operates through a number of subsidiaries, such as Minas Gerais Educacao SA, Instituto Mineiro de Educacao e Cultura Uni-BH SA, Posse Gestao Patrimonial SA and HSM do Brasil SA.
ÂNIMA HOLDING S.A. 
