Archer raises $300 million in investor funding
12th February 2025
Brazil's GOL has informed shareholders that its share repurchase plan has concluded with the company’s repurchase of 3,000,000 of its preferred shares.
As a result of the company’s preferred share repurchases under the share repurchase plan, the company holds a total of 3,006,390 preferred shares in treasury, representing 1.098% of the company’s total preferred shares issued and 0.845% of the company's capital stock.
The now-concluded share repurchase plan, in line with the company’s continuing policy, aims to maximise shareholder value through efficient management of the Company’s capital structure.