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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
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Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
[Free English Translation]
BANCO SANTANDER (BRASIL) S.A.
Public Company of Authorized Capital
Corporate Taxpayer ID (CNPJ/MF) nº 90.400.888/0001-42
Company Registration (NIRE) 35.300.332.067
MATERIAL FACT
BANCO SANTANDER (BRASIL) S.A. (“Company”) informs that, the Company’s Board of Directors approved, in sequence
of the buyback program that expires today, a new buyback program of Units and ADRs issued by Banco Santander, directly or through its
branch in Cayman, to be held in treasury or subsequently sold.
The Buyback Program will cover the purchase of up to 36,205,005 Units, representing 36,205,005 common shares and 36,205,005 preferred shares, or ADRs, corresponding, on December 31st, 2023, to approximately 1% of the Company´s total capital stock. On December 31st, 2023, the Company held 27,192,697 common shares and 27,192,697 preferred shares in treasury.
The buyback has the purpose (1) to maximize the value creation to shareholders by means of an efficient capital structure management; and (2) to enable the payment of officers, directors, management level employees and other employees of the Company and companies under its control, pursuant to the Long Term Incentive Plans.
The Units must be purchased in B3, at market price, through Santander Corretora de Câmbio e Valores Mobiliários S.A.
The ADRs must be purchased in the New York Stock Exchange (NYSE), at market price, through Santander Investment Securities Inc., U.S.
The term of the Buyback Program is eighteen (18) months counted from February 6th, 2024, expiring on August 6th, 2025.
São Paulo, February 5, 2024.
Gustavo Alejo Viviani
Investor Relations Officer
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Banco Santander (Brasil) S.A. | ||
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By: |
/S/ Reginaldo Antonio Ribeiro
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Reginaldo Antonio Ribeiro Officer without specific designation |
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By: |
/S/ Gustavo Alejo Viviani
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Gustavo Alejo Viviani Vice - President Executive Officer |
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