Nu Holdings (NU) Authorizes $1B Share Repurchase Program Over Next 12 Months
Key takeaways
- Nu Holdings (NU) Authorizes $1B Share Repurchase Program Over Next 12 Months Maham Fatima Mon, June 8, 2026 at 5:47 PM GMT+7 2 min read NU Nu Holdings Ltd.
- The repurchases will be conducted periodically in the open market in accordance with applicable securities regulations.
- (NYSE:NU) operates as a digital banking platform provider across the United States, Mexico, the Cayman Islands, Colombia, and Brazil.
Nu Holdings (NU) Authorizes $1B Share Repurchase Program Over Next 12 Months Maham Fatima Mon, June 8, 2026 at 5:47 PM GMT+7 2 min read NU Nu Holdings Ltd. (NYSE:NU) is one of the most undervalued stocks to buy and hold for 2 years. On June 4, Nu Holdings announced a share repurchase program authorizing the buyback of up to $1.0 billion of its Class. A ordinary shares over the next 12 months, beginning June 4. This initiative reflects the company’s current capital generation strength and its commitment to a deliberate capital allocation policy.
The program is designed to deliver value to shareholders while ensuring that all existing growth investments across Brazil, Mexico, Colombia, and the United States, including necessary regulatory capital buffers, remain fully funded.
The repurchases will be conducted periodically in the open market in accordance with applicable securities regulations. Nu Holdings Ltd. (NYSE:NU) noted that the program is discretionary, meaning it is not obligated to acquire a specific number of shares and maintains the flexibility to suspend, modify, or discontinue the plan at any time.