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XP board approves cancellation of treasury Class A shares

XP Inc. (NASDAQ: XP) says its board approved cancellation of 11,791,755 treasury Class A shares, reducing total share count from 520,292,030 to 508,500,275 (2.3% of total shares).

XP

XP Inc. (NASDAQ: XP ), announced today that its board of directors has approved the cancellation of existing treasury Class A shares held by the Company.

The Company has cancelled in this date 11,791,755 Class A shares (2.3% of total shares).

Total share count went from 520,292,030 to 508,500,275 after cancellation.