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.