A Itaúsa (ITSA4) sold 12 million shares of XPequivalent to 2.27% of the total capital, for the amount of approximately R$ 1.1 billion, as announced this Wednesday (7).
Now, the company holds 23,470,985 shares of XP, which corresponds to 4.44% of the capital and 1.53% of the voting capital.
According to Itaúsa, the sale stems from a strategic decision to reduce the stake because “it is not a strategic asset”.
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The resources will be used to strengthen the company’s cash position and increase its liquidity level. holdingit says.
The company also claims that the sale will positively impact its results for the second quarter of 2023, by approximately BRL 400 million, net of taxes.
See the statement from Itaúsa:
Source: Moneytimes
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