05:43 PM EST, 11/17/2025 (MT Newswires) -- XP (XP) said late Monday its board approved a $0.18 per Class A share dividend, payable Dec. 18 to holders of record on Dec. 10, totaling about 500 million Brazilian reais ($93.8 million) at current exchange rates.

The company retired 10.97 million Class A shares, bringing its total share count to roughly 519.9 million.

XP also authorized a new buyback program of up to 1 billion reais through Nov. 18, 2026, to be funded with existing cash.