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Cielo launches share buyback

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Cielo launches share buyback

The board of Cielo SA has approved a new share repurchase program involving the acquisition of 1,550,000 common shares.

The shares to be acquired are equivalent to about 0.14% of the outstanding shares of the company, Cielo said.

The authorization is in force as of Feb. 22 until Feb. 22, 2019.