
XP Inc. (NASDAQ:XP), announced today that its board of directors has approved two capital allocation actions: (i) the declaration of a cash dividend and (ii) the authorization of a new share repurchase program.


Cash

<p xmlns="http://www.w3.org/1999/xhtml">
XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/XP">XP</a>), announced today that its board of directors has approved two capital allocation actions: (i) the declaration of a cash dividend and (ii) the authorization of a new share repurchase program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Cash Dividend</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board declared a cash dividend of <b xmlns="http://www.w3.org/1999/xhtml">US$0.20</b> per Class A common share, payable on June 18, 2026, to shareholders of record as of June 10, 2026. The distribution is expected to total approximately <b xmlns="http://www.w3.org/1999/xhtml">R$500 million</b> at current exchange rates.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">New Buyback Program</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board also authorized a new share repurchase program, allowing the Company to repurchase up to <b xmlns="http://www.w3.org/1999/xhtml">R$1.0 billion</b> (or its USD equivalent) of its outstanding Class A common shares over a period beginning on May 19, 2026 continuing until the earlier of the completion of the repurchase or May 20, 2027, depending upon market conditions. XP's board of directors will review the repurchase program periodically and may authorize adjustments to its terms and size or suspend or discontinue the repurchase program. XP expects to utilize its existing cash to fund repurchases made under the repurchase program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board of Directors has authorized management to appoint a broker for the repurchase program to purchase the Class A common shares on its behalf in the open market. Such purchases may benefit from the safe harbors provided by Rule 10b-18 and/or Rule 10b5-1, promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The actual timing, number and value of shares repurchased under the repurchase program will depend on several factors, including constraints specified in Rule 10b-18, price, general business and market conditions, and alternative investment opportunities. The repurchase program does not obligate XP to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About XP</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP's mission is to disintermediate the legacy models of traditional financial institutions by:

</p><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Educating new classes of investors;

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Democratizing access to a wider range of financial services;

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Developing new financial products and technology applications to empower clients; and

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Providing high-quality customer service and client experience in the industry in Brazil.

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains &#34;forward-looking statements&#34; within the meaning of the &#34;safe harbor&#34; provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as &#34;expect,&#34; &#34;anticipate,&#34; &#34;should,&#34; &#34;believe,&#34; &#34;hope,&#34; "aim," &#34;target,&#34; &#34;project,&#34; &#34;goals,&#34; &#34;estimate,&#34; &#34;potential,&#34; &#34;predict,&#34; &#34;may,&#34; &#34;will,&#34; &#34;might,&#34; &#34;could,&#34; &#34;intend,&#34; variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc's control. XP, Inc's actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260518589149r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260518589149/en/" rel="nofollow">https://www.businesswire.com/news/home/20260518589149/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For any questions, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Investor Contact: </b><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@xpi.com.br" shape="rect">ir@xpi.com.br 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">IR Website: </b><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.xpinc.com&amp;esheet=54537303&amp;newsitemid=20260518589149&amp;lan=en-US&amp;anchor=investors.xpinc.com&amp;index=1&amp;md5=e70dbe9440298b0d7c3427b5ea37f7ff" shape="rect">investors.xpinc.com</a>

</p>

XP Inc. Announces Cash Dividend and New Share Repurchase Program

XP Declares Dividend and Approves Share Repurchase Program

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>XP Inc. (NASDAQ:XP), announced today that its board of directors has approved two capital allocation actions: (i) the declaration of a cash dividend and (ii) the authorization of a new share repurchase program.


Cash</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>XP Inc. has declared a $0.20 cash dividend per share, payable in June 2026, and authorized a share buyback program of up to R$1.0 billion. These actions are intended to enhance shareholder value amidst market conditions and are expected to positively impact stock performance.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>XP&#039;s board approved a US$0.20 cash dividend per Class A share.</li><li>Dividend payable on June 18, 2026, with R$500 million expected distribution.</li><li>A new share repurchase program for R$1.0 billion approved until May 20, 2027.</li><li>Repurchases depend on market conditions and will utilize existing cash reserves.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>XP Inc. (XP)</strong>: XP&#039;s actions signal robust cash flow and enhance investor confidence.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments,&#039; highlighting XP&#039;s proactive capital allocation strategies aimed at creating shareholder value.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The dividend payout signals confidence in financial stability and profit generation.</li><li>The buyback program is a key strategy to return capital to shareholders.</li><li>Market reaction may depend on overall investor sentiment towards XP&#039;s financial health.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Declared cash dividend of US$0.20 per share.</li><li>Dividend payable on June 18, 2026, to record holders on June 10, 2026.</li><li>New buyback program allows for R$1.0 billion in repurchases.</li><li>Buyback program spans from May 19, 2026, to May 20, 2027.</li><li>Total dividend distribution expected at approximately R$500 million.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>XP shares likely to benefit from the dividend and buyback programs in the medium term.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
XP Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/XP">XP</a>), announced today that its board of directors has approved two capital allocation actions: (i) the declaration of a cash dividend and (ii) the authorization of a new share repurchase program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Cash Dividend</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board declared a cash dividend of <b xmlns="http://www.w3.org/1999/xhtml">US$0.20</b> per Class A common share, payable on June 18, 2026, to shareholders of record as of June 10, 2026. The distribution is expected to total approximately <b xmlns="http://www.w3.org/1999/xhtml">R$500 million</b> at current exchange rates.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">New Buyback Program</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board also authorized a new share repurchase program, allowing the Company to repurchase up to <b xmlns="http://www.w3.org/1999/xhtml">R$1.0 billion</b> (or its USD equivalent) of its outstanding Class A common shares over a period beginning on May 19, 2026 continuing until the earlier of the completion of the repurchase or May 20, 2027, depending upon market conditions. XP's board of directors will review the repurchase program periodically and may authorize adjustments to its terms and size or suspend or discontinue the repurchase program. XP expects to utilize its existing cash to fund repurchases made under the repurchase program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Board of Directors has authorized management to appoint a broker for the repurchase program to purchase the Class A common shares on its behalf in the open market. Such purchases may benefit from the safe harbors provided by Rule 10b-18 and/or Rule 10b5-1, promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The actual timing, number and value of shares repurchased under the repurchase program will depend on several factors, including constraints specified in Rule 10b-18, price, general business and market conditions, and alternative investment opportunities. The repurchase program does not obligate XP to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About XP</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP's mission is to disintermediate the legacy models of traditional financial institutions by:

</p><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Educating new classes of investors;

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Democratizing access to a wider range of financial services;

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Developing new financial products and technology applications to empower clients; and

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Providing high-quality customer service and client experience in the industry in Brazil.

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release contains &#34;forward-looking statements&#34; within the meaning of the &#34;safe harbor&#34; provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as &#34;expect,&#34; &#34;anticipate,&#34; &#34;should,&#34; &#34;believe,&#34; &#34;hope,&#34; "aim," &#34;target,&#34; &#34;project,&#34; &#34;goals,&#34; &#34;estimate,&#34; &#34;potential,&#34; &#34;predict,&#34; &#34;may,&#34; &#34;will,&#34; &#34;might,&#34; &#34;could,&#34; &#34;intend,&#34; variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc's control. XP, Inc's actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260518589149r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260518589149/en/" rel="nofollow">https://www.businesswire.com/news/home/20260518589149/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For any questions, please contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Investor Contact: </b><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ir@xpi.com.br" shape="rect">ir@xpi.com.br 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">IR Website: </b><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.xpinc.com&amp;esheet=54537303&amp;newsitemid=20260518589149&amp;lan=en-US&amp;anchor=investors.xpinc.com&amp;index=1&amp;md5=e70dbe9440298b0d7c3427b5ea37f7ff" shape="rect">investors.xpinc.com</a>

</p>

XP Inc. has declared a $0.20 cash dividend per share, payable in June 2026, and authorized a share buyback program of up to R$1.0 billion. These actions are intended to enhance shareholder value amidst market conditions and are expected to positively impact stock performance.

XP Inc. Announces Cash Dividend and New Share Repurchase Program

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News