The SLC Agrícola S.A. (B3: SLCE3; ADR's: SLCJY; BLOOMBERG: SLCE3:BZ; Refinitiv: SLCE3.SA) ("SLC Agrícola"), announces to its shareholders and the market the shares buyback program, approved by the Company's Board of Directors on May 15th, 2023, and disclosed in Material Fact the same day, was concluded.
During the program, 5,000,000 (five million) of common shares were acquired, representing on this date 2.21% of the Company's capital stock.
As informed in the program opening, the shares will be held in treasury for alienation/cancellation.
Porto Alegre, October 19th, 2023.
Ivo Marcon Brum
CFO & IRO
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SLC Agrícola SA published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2023 19:03:42 UTC.
SLC Agricola SA is a Brazil-based company principally engaged in agricultural sector. The Company is active in the in the whole agricultural production cycle, which includes planning, purchasing supplies, soil preparation, planting and harvesting, as well as processing and storage, among others. The Company's activities are divided into two business segments: Agricultural production and Land portfolio. The Agricultural production division focuses on developing plantations of various crops, such as cotton, soybean, corn, wheat, coffee, sorghum, sugarcane and sunflower. The Land portfolio division is responsible for the acquisition and development of land for agriculture. The Company operates through a number of subsidiaries, such as Fazenda Planorte Empreendimentos Agricolas Ltda, SLC-MIT Empreendimentos Agricolas SA and Fazenda Parnaiba Empreendimentos Agricolas Ltda.