NYSE:NUBanks
Nu Holdings (NU) Is Down 8.8% After Announcing First-Ever $1B Buyback And CFO Transition
Nu Holdings Ltd. recently announced its first-ever share repurchase program, authorizing up to US$1.00 billion in buybacks over 12 months funded by retained and future earnings, alongside a planned CFO transition from Guilherme Lago to Rob Livingston in July 2026.
This combination of a sizeable buyback and the arrival of a veteran finance leader from Visa puts fresh attention on Nu’s capital allocation and leadership depth as it expands across Latin America and the United States.
Now, we’ll...