SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month ofAugust2019
(Commission File No. 001-32221)
GOL LINHAS AÉREAS INTELIGENTES S.A.
(Exact name of registrant as specified in its charter)
GOL INTELLIGENT AIRLINES INC.
(Translation of registrant’s name into English)
Praça Comandante Linneu Gomes, Portaria 3, Prédio 24
Jd. Aeroporto
04630-000 São Paulo, São Paulo
Federative Republic of Brazil
(Address of registrant’s principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
| GOL announces Share Repurchase Plan |
São Paulo, July 31, 2019 – GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4)(“Company”), informs shareholders and the market in general that its Board of Directors today approved a share repurchase program, in accordance with Article 30, §1, “b” of Law No. 6404, dated December 15, 1976, as amended (“Brazilian Corporations Law”), and CVM Instruction No. 567/2015 (“CVMI 567”), to be conducted solely in the local Brazilian market, whereby the Company may repurchase up to three million (3,000,000) preferred shares, to be completed in the next twelve (12) months,beginning August 1, 2019 and ending July 31, 2020. The repurchase program, as a continuing policy of the Company, aims to maximize shareholder value through efficient management of the Company’s capital structure.
As of the date hereof, the Company has 268,290,641 preferred shares outstanding, all nominative, book-entry and without par value, and has 6,390 preferred shares held in treasury.
Preferred share repurchases will be conducted on the B3 S.A. –Brasil, Bolsa, Balcão at market prices and subject to market and economic conditions, applicable legal requirements and other relevant factors.
Preferred share repurchases will be limited to the amount of the Company’s capital reserve account eligible for repurchases, pursuant tothe applicable law.
GOL Investor Relations
ri@voegol.com.br
www.voegol.com.br/ri
+55 (11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. (“GOL”)
GOL serves more than 33 million passengers annually. With Brazil's largest network,GOL offers customers more than 750 daily flights to 77 destinations in Brazil and in South America, the Caribbean and the United States.GOLLOG’s cargo transportation and logistics business serves more than 3,400 Brazilian municipalities and more than 200 international destinations in 95 countries.SMILES allows over 15 million registered clients to accumulate miles and redeem tickets to more than 700 destinations worldwide on the GOL partner network. Headquartered in São Paulo, GOL has a team of approximately 15,000 highly skilled aviation professionals and operates a fleet of 127 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 18 year safety record. GOL has invested billions ofReais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4).For further information, visitwww.voegol.com.br/ri.
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1 | GOL Linhas Aéreas Inteligentes S.A. |
SP - 25888282v1
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.
Date:August1, 2019
GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: | /s/ Richard F. Lark, Jr. |
| Name: Richard F. Lark, Jr. Title: Investor Relations Officer |
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates,” “believes,” “estimates,” “expects,” “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many 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.