XP Inc (XP) slims share count with treasury share cancellation

Rhea-AI Filing Summary

XP Inc. reported that its board of directors approved the cancellation of existing treasury Class A shares held by the company. On August 17, 2026, XP cancelled 11,791,755 Class A shares, representing 2.3% of total shares. Total shares outstanding declined from 520,292,030 to 508,500,275 after the cancellation, reducing the share count and eliminating these treasury shares from potential future use.

Positive

• Cancellation of 11,791,755 treasury Class A shares (2.3% of total) reduces outstanding share count, potentially enhancing per-share metrics.
• Total shares outstanding decreased from 520,292,030 to 508,500,275, signaling active capital management.

Negative

• None.

Key Figures

Treasury shares cancelled: 11,791,755 shares Cancelled portion of total shares: 2.3% Total shares before cancellation: 520,292,030 shares +2 more

5 metrics

Treasury shares cancelled 11,791,755 shares Class A shares cancelled on August 17, 2026

Cancelled portion of total shares 2.3% Proportion of total shares represented by cancelled treasury shares

Total shares before cancellation 520,292,030 shares Total share count prior to the cancellation

Total shares after cancellation 508,500,275 shares Total share count following the cancellation of treasury shares

Announcement date August 17, 2026 Date on which the cancellation and press release were issued

Key Terms

treasury shares, Class A shares, forward-looking statements, open financial product platform

4 terms

treasury shares financial

"approved the cancellation of existing treasury Class A shares held by the Company"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

Class A shares financial

"The Company has cancelled in this date 11,791,755 Class A shares"

Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

forward-looking statements regulatory

"This press release contains "forward-looking statements" within the meaning of the"

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.

open financial product platform financial

"an open financial product platform providing access to over 800 investment products"

FAQ

What did XP (XP) announce regarding its treasury shares on August 17, 2026?

XP announced that its board approved cancelling 11,791,755 treasury Class A shares, equal to 2.3% of total shares. This reduced the company’s total outstanding shares from 520,292,030 to 508,500,275 on the cancellation date.

How many XP (XP) shares were outstanding after the treasury share cancellation?

After the cancellation, XP had 508,500,275 total shares outstanding. Before cancelling 11,791,755 treasury Class A shares, total shares were 520,292,030, so the action reduced the overall share count.

What portion of XP (XP) total shares was cancelled in this transaction?

XP cancelled 11,791,755 treasury Class A shares, representing 2.3% of total shares. These shares were held in treasury by the company and were permanently removed from the outstanding share count.

Does the XP (XP) share cancellation involve issuing new shares or raising capital?

The event involves cancelling existing treasury shares, not issuing new shares or raising capital. XP removed 11,791,755 Class A shares from its total share count, reducing outstanding shares to 508,500,275.

Who approved the XP (XP) treasury share cancellation and when was it effective?

XP’s board of directors approved the cancellation, and the company cancelled the shares on August 17, 2026. On that date, 11,791,755 treasury Class A shares were eliminated from the total share count.

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

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Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 08/17/2026 - 04:28 PM Accepted by SEC EDGAR 08/17/2026 - 04:27 PM Learn about SEC filing dates

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 August 2026

Commission File Number: 001-39155 

XP Inc.

(Exact name of registrant as specified in its charter)

20, Genesis Close

Grand Cayman, George Town

Cayman Islands KY-1-1208 

+55 (11) 3075-0429

(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 ☒  

SIGNATURE

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.

	XP Inc.
	By:	/s/ Gustavo Alejo Viviani
		Name:	Gustavo Alejo Viviani
		Title:	Chief Financial Officer

Date: August 17, 2026

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release dated August 17, 2026 – XP Inc. To Cancel Treasury Shares

Exhibit 99.1

 

XP Inc. To Cancel Treasury Shares

São Paulo, Brazil, August 17, 2026 – XP Inc. (Nasdaq: XP), announced today that its board of directors has approved the cancellation of existing treasury Class A shares held by the Company.

The Company has cancelled in this date 11,791,755 Class A shares (2.3% of total shares). Total share count went from 520,292,030 to 508,500,275 after cancellation.

 

About XP

XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP’s mission is to disintermediate the legacy models of traditional financial institutions by:

· Educating new classes of investors;

· Democratizing access to a wider range of financial services;

· Developing new financial products and technology applications to empower clients; and

· Providing high-quality customer service and client experience in the industry in Brazil.

XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," “aim,” "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc’s control. XP, Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.

For any questions, please contact:

Investor Contact: ir@xpi.com.br

IR Website: investors.xpinc.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 10.3 KB