June 19, 2020 / 1:59 PM / 14 days ago

Brazilian rental car co Localiza to buy back shares- filing

SAO PAULO, June 19 (Reuters) - Brazil's Localiza Rent a Car has decided to buy back up to 50 million shares, the company said in a securities filing on Thursday.

The company will acquire the amount, equivalent to 8% of its float, through the next 12 months. (Reporting by Tatiana Bautzer)

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