Odontoprev S A : Buyback program and total shareholder remuneration in 2021
January 06, 2022 at 03:38 am IST
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13.7 MILLION SHARES REPURCHASED, AND TOTAL SHAREHOLDER REMUNERATION IN 2021 REACH R$438 MILLION.
São Paulo, January 5th, 2022.
Odontoprev (B3: ODPV3), national leader on dental plans, informs that:
As per the Share Buyback Program, 2.1 million shares were repurchased in December, at an average of R$12.19.
In 2021, the total number of shares repurchased reached 13.7 million, at an average of R$12.90, an investment of R$177 million.
The table below demonstrates the evolution of the Share Buyback Program in 2021:
The total shareholder remuneration, considering dividends, interest on capital and share buyback reached R$438 million in 2021. The annual evolution of Odontoprev's shareholder remuneration follows:Odontoprev remuneration to shareholders surpasses R$400 million, as follows:
Odontoprev, listed in São Paulo since 2006, is the leading dental benefits provider in Latin America, and the largest company in the Brazilian healthcare sector in terms of clients, with almost 8 million beneficiaries. The dentist network is specialized, with an accredited network of 31 thousand. The Company is a member of the Novo Mercado at B3, a constituent of the FTSE4Good Index, of Bloomberg 2021 Gender-Equality Index (GEI) and has more than 60 thousand investors in more than 30 countries.
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OdontoPrev SA published this content on 05 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2022 22:07:11 UTC.
Odontoprev SA is a Brazil-based company primarily engaged in the provision of dental care services. The Company is involved in the management, sale and provision of private dental care plans and services. It offers services to individual and corporate customers. The Company organizes its dental care services into three main segments: Collective Pre-paid Plans, Collective Post-paid Plans and Individual Pre-paid Plans. Through its indirect subsidiary Easy Software Ltda, the Company is also active in the development of computer software for the dental industry. Odontoprev SA holds shares in various direct subsidiaries, such as Clidec - Clinica Dentaria Especializada Cura Dar's Ltda, Odontoprev Servicos Ltda, Garcia Pedrosa Ltda and Adcon Administradora de Convenios Odontologicos Ltd. Furthermore, It is a subsidiary of Bradesco Saude SA, a unit of Banco Bradesco SA's Bradesco Seguros e Previdencia SA.