Direcional Engenharia approves buyback of up to 32 million shares

Direcional Engenharia (DIRR3) has approved a new share buyback program, authorizing the repurchase of up to 32 million shares. The decision was made by the company's Board of Directors and is expected to span up to 18 months, beginning on August 12, 2026.

The authorized repurchase represents approximately 9.8% of the company's 327.2 million shares currently in circulation. The company stated that the program aims to maximize shareholder value through efficient capital structure management. The acquisitions will be conducted directly on the B3 exchange at market prices.

Direcional noted that the execution of this program will not result in changes to the company's administrative structure or its controlling ownership. The company did not disclose a maximum financial limit for the program, noting that the actual amount repurchased will depend on operations conducted over the 18-month period.