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Arco Platform Ltd - ARCE STOCK NEWS

Welcome to our dedicated news page for Arco Platform (Ticker: ARCE), a resource for investors and traders seeking the latest updates and insights on Arco Platform.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arco Platform's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arco Platform's position in the market.

News
Arco Announces Merger Completion and Becomes a Private Company
Rhea-AI Summary
Arco Platform Limited (ARCE) completes merger with Achieve Merger Sub, becoming a wholly-owned subsidiary of Achieve. Shareholders to receive $14.00 per share in cash. Trading on Nasdaq to be suspended.
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Arco Announces Shareholders’ Approval of Merger Agreement to Go Private
Rhea-AI Summary
Arco Platform Limited (Nasdaq: ARCE) shareholders voted in favor of the proposal to authorize and approve the agreement and plan of merger with Achieve Holdings. The Merger will result in Arco becoming a privately held company, with common shares exchanged for a purchase price of US$14.00 per share in cash, and Arco's Class A Shares will no longer be listed or traded on any stock exchange, including the Nasdaq Global Select Market.
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Arco to Provide Supplemental Materials for Extraordinary General Meeting of Shareholders
Rhea-AI Summary
Arco Platform Limited (Nasdaq: ARCE) to Hold Extraordinary General Meeting to Vote on Merger Agreement in São Paulo, Brazil. The meeting will consider and vote on the proposal to authorize and approve the previously announced agreement and plan of merger, dated as of August 10, 2023, among the Company, Achieve Holdings, and Achieve Merger Sub, a wholly owned subsidiary of Achieve, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands and the transactions contemplated thereby, including the merger.
Rhea-AI Impact
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-0.07%
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Arco to Hold Extraordinary General Meeting of Shareholders
Rhea-AI Summary
Arco Platform Limited (ARCE) Calls Extraordinary General Meeting to Vote on Merger Agreement with Achieve Holdings, Shareholders to Receive $14.00 Per Share in Cash
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0.22%
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Arco Reports Second Quarter 2023 Results
Rhea-AI Summary
Arco Platform Limited (Nasdaq: ARCE) reported financial and operating results for Q2 2023. Net revenue increased by 14.3% YoY to R$471.0 million, with Core solutions at R$371.9 million (+1.2% YoY) and Supplemental solutions at R$23.8 million (-46.9% YoY). Financial & Management Solutions (F&M) posted a significant 104.3% YoY growth with R$75.3 million. Adjusted EBITDA was R$83.5 million (-24.6% YoY), and adjusted net income was R$78.1 million. Cash from operations reached R$365.5 million in 1H23, and free cash flow to firm was R$252.7 million. The company maintained its 2023 guidance for EBITDA margin between 36.5% and 38.5%.
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Arco to Report Second Quarter Financial Results on Aug 31st, 2023
Rhea-AI Summary
Arco Platform Limited (Nasdaq: ARCE) will report its second quarter results for the period ended June 30th, 2023, on Thursday, August 31st, 2023. The company will host a conference call and webcast at 5 p.m. Eastern Time on the same day. Investors can listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942, or +55 (11) 4090-1621. An audio replay will be available until September 6th, 2023, by dialing +55 (11) 4118-5151. The webcast can be accessed on the Investor Relations section of Arco's website.
Rhea-AI Impact
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0.15%
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conferences earnings
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Arco Enters into Agreement to Go Private at a Price of US$14 per Share in Cash
Rhea-AI Summary
Arco Platform announces definitive agreement for acquisition at a 55% premium over closing share price on November 30, 2022. Founders to maintain controlling ownership stake and company leadership. Merger expected to close in Q4 2023 or Q1 2024.
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14.56%
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Arco Reports First Quarter 2023 Results
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-3.15%
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Arco to Report First Quarter Financial Results on May 25th, 2023
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-0.08%
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conferences earnings
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Arco Provides Update Related to the Non-Binding Proposal
Rhea-AI Summary
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14.5%
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Stock ARCE logo
Arco Platform Ltd

Nasdaq:ARCE

ARCE Rankings

N/A Ranked by Market Cap
#845 Ranked by Stock Gains
N/A Ranked by Dividends

ARCE Stock Data

927.43M
22.32M
3.81%
82.4%
1.43%
Elementary and Secondary Schools
Educational Services
Link
BR
Sao Paulo

About ARCE

arco é uma companhia brasileira focada em soluções educacionais para o ensino básico que desenvolve conteúdo, tecnologia e serviços para mais de 1.3 milhões de alunos e +5.000 escolas privadas de todo o país, abrangendo os segmentos da educação infantil ao ensino médio.aliar educação de excelência e gestão eficiente é o propósito da arco.