MercadoLibre Inc

NASDAQ:MELI   3:59:59 PM EDT
1,092.69
+31.75 (+2.99%)
4:33:38 PM EDT: $1,086.94 -5.75 (-0.53%)
Share Repurchases, Other Pre-Announcement

Mercadolibre Inc - On June 9, Terminated Certain Of Its Outstanding Capped Call Transactions

Published: 06/10/2021 13:23 GMT
MercadoLibre Inc (MELI) - Mercadolibre Inc - on June 9, Terminated Certain of Its Outstanding Capped Call Transactions.
Mercadolibre - Authorized Use of Part Or All of Cash Proceeds of Terminating Relevant Capped Call Transactions to Repurchase Shares of Common Stock.
Mercadolibre - Expects to Conduct Share Repurchases at Any Time and From Time to Time During a Period Ending on Dec 31, 2021.
Mercadolibre - As Consideration for Termination of Relevant Capped Calls, Co Will Receive $102.4 Million in Cash and 57,047 Shares of Common Stock.