Inter & Company Incorporation Class A (INTR) has released an update.
Inter & Company Incorporation has announced a fee waiver period from March 19 to June 17, 2024, for shareholders to convert their Brazilian Depositary Receipts (BDRs) into Class A Common Shares and vice versa. This initiative aims to increase the liquidity of Class A shares on Nasdaq as part of the company’s long-term strategy, and it won’t affect the financial performance. Shareholders can convert once for free during this 90-day term, with details and guidelines available on Inter&Co’s website.
For further insights into INTR stock, check out TipRanks’ Stock Analysis page.
