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Axia Energia approves R$6.2B buyback of Class C preferred shares
Valor Econômico·BR·about 2 hours ago
Axia Energia's board approved a R$6.2 billion buyback of preferred shares (PNC) at R$55.56 per share, matching the prior day's closing price of common stock. This is a continuation of capital management actions, signaling confidence in valuation. The move may support share price and reflects corporate action rather than macro shift.