STOCK TITAN

PagSeguro targets R$2B dividends, $150M buyback

The board’s fourth share repurchase program is effective immediately, allowing up to US$150 million of Class A buybacks under Rule 10b-18.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PagSeguro Digital Ltd. (PAGS) announced capital return initiatives, including targeted dividends and a new share repurchase authorization. Management stated that it expects to distribute at least R$2.0 billion in dividends in 2027 and 2028, or R$1.0 billion per year, reinforcing a focus on capital optimization and sustainable shareholder returns. These distributions remain subject to market conditions, the company’s financial position, and future decisions of the board of directors.

The board also authorized PagSeguro’s fourth share repurchase program, under which the company may repurchase up to US$150 million of outstanding Class A common shares. The program is effective immediately, has no fixed expiration date, and repurchases may be executed in compliance with Rule 10b-18 under the U.S. Securities Exchange Act.

Positive

  • Targets at least R$2.0 billion in dividends for 2027–2028, or R$1.0 billion per year, signaling an intention to return meaningful capital to shareholders, subject to market and financial conditions and future board decisions.
  • Authorizes a new US$150 million share repurchase program, the company’s fourth, allowing open-market repurchases of Class A common shares with no fixed expiration date.

Negative

  • None.
Dividend targets 2027–2028 (aggregate) R$2.0 billion Expected total dividends during 2027 and 2028, subject to conditions and board discretion
Annual dividend target R$1.0 billion per year Expected yearly dividends for 2027 and 2028 within the stated aggregate target
New share repurchase program authorization US$150 million Maximum amount of outstanding Class A common shares the company may repurchase under its fourth program
Number of share repurchase programs authorized to date Fourth program The board authorized its fourth share repurchase program for Class A common shares
share repurchase program financial
"the Board has authorized its fourth share repurchase program, under which PagSeguro Digital Ltd."
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
Rule 10b-18 regulatory
"The repurchases under the program may be executed in compliance with Rule 10b-18 under"
Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.
forward-looking statements regulatory
"This press release contains certain “forward-looking statements” within the meaning of"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
U.S. Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A"
A federal law that changed the rules for suing companies over securities claims by making it harder to bring class-action lawsuits and by protecting certain forward-looking statements. Think of it as a rulebook that raises the bar for plaintiffs to show clear evidence of wrongdoing and gives companies limited shelter for predictions, which matters to investors because it can reduce litigation risk, legal costs, and volatility tied to lawsuit headlines.
financial technology financial
"PagSeguro Digital Ltd. is a leading provider of financial technology and software solutions"
Financial technology is the use of software, apps and digital tools to deliver, manage or improve financial services like payments, lending, investing and banking; think of it as the modern toolkit that replaces or upgrades traditional ways of handling money. It matters to investors because these technologies can cut costs, open new markets, change how companies compete and create both growth opportunities and regulatory or security risks that affect profits and valuations.

FAQ

What dividend targets did PagSeguro Digital Ltd. (PAGS) announce for 2027 and 2028?

PagSeguro stated it expects to distribute at least R$2.0 billion in dividends over 2027 and 2028, equivalent to R$1.0 billion per year. These dividends are subject to market and company financial conditions, and each declaration will be at the board’s discretion.

What is the size of PagSeguro (PAGS)'s new share repurchase program?

The board authorized PagSeguro’s fourth share repurchase program, under which the company may repurchase up to US$150 million of its outstanding Class A common shares. The program is effective immediately and does not have a fixed expiration date.

Are PagSeguro (PAGS)'s 2027–2028 dividends guaranteed?

No. PagSeguro said it expects to distribute at least R$2.0 billion in dividends during 2027–2028, but any future dividends and amounts will be at the discretion of the board and depend on market and company financial conditions.

When does PagSeguro (PAGS)'s new share repurchase program start and end?

PagSeguro disclosed that the new share repurchase program goes into effect immediately and does not have a fixed expiration date. Repurchases may be carried out in compliance with Rule 10b-18 under the U.S. Securities Exchange Act.

Under what rule will PagSeguro (PAGS) conduct share repurchases?

PagSeguro stated that repurchases under the new share repurchase program may be executed in compliance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended, which provides a safe harbor framework for issuer share repurchases.

What type of company is PagSeguro Digital Ltd. (PAGS)?

PagSeguro Digital Ltd. is described as a leading provider of financial technology and software solutions, primarily serving consumers, individual entrepreneurs, micro-merchants, and small to medium-sized companies in Brazil through a mobile-first digital banking ecosystem.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-38353

 

PagSeguro Digital Ltd.
(Name of Registrant)

Conyers Trust Company (Cayman) Limited,
Cricket Square, Hutchins Drive, P.O. Box 2681,
Grand Cayman, KY1-1111, Cayman Islands
(Address of Principal Executive Office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

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):

Yes ☐ No 

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):

Yes ☐ No 


Graphics

PAGSEGURO DIGITAL LTD.

PagSeguro Digital Ltd. Announces Dividend Targets for 2027 and 2028 and New Share Repurchase Program

 

São Paulo, September 1, 2026 – PagSeguro Digital Ltd. (NYSE: PAGS) (“PagSeguro” or the “Company”) today made the following announcements.

Dividend Targets for 2027 and 2028

The Company announced that it expects to distribute at least R$2.0 billion in dividends during 2027 and 2028 (R$1.0 billion per year), reinforcing its commitment to capital optimization and sustainable returns to shareholders, subject, among other factors, to market and company financial conditions. Any future declaration of dividends and the amount thereof will be at the discretion of the Company’s Board.

 

New Share Repurchase Program

The Company also announced that the Board has authorized its fourth share repurchase program, under which PagSeguro Digital Ltd. may repurchase up to US$150 million in outstanding Class A common shares. The new repurchase program will go into effect immediately and does not have a fixed expiration date. The repurchases under the program may be executed in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended.

About PagSeguro

PagSeguro Digital Ltd. is a leading provider of financial technology and software solutions primarily focused on consumers, individual entrepreneurs, micro-merchants, and small to medium-sized companies in Brazil. PagSeguro’s mission is to transform and democratize the financial services industry in Brazil by offering merchants and consumers a comprehensive mobile-first digital banking ecosystem that is secure, affordable, and easy to use.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements reflect the current views of management and are subject to a number of risks and uncertainties. These statements are based on various assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 1, 2026

 

PagSeguro Digital Ltd.

 

 

 

By:

/s/ Gustavo Sechin

 

Name:

Gustavo Sechin

 

Title:

Chief Financial and Accounting Officer