XP Inc. (NasdaqGS:XP) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 Class A shares. The purpose of the program is to neutralize future shareholder dilution due to the vesting of Restricted Share Units (RSUs) from the Company?s long-term incentive plan.

The company expects to utilize its existing cash to fund repurchases. The program will be valid till December 27, 2024.