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6-K Filing
Banco Santander (BSBR) 6-KMaterial Fact
Filed: 2 Nov 18, 12:00am
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 ___X____
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 ___X____
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant 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____
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
[Free English Translation]
BANCO SANTANDER (BRASIL) S.A.
Public Company of Authorized Capital
Corporate Taxpayer ID (CNPJ/MF) nº 90.400.888/0001-42
Company Registration (NIRE) 35.300.332.067
MATERIAL FACT
BANCO SANTANDER (BRASIL) S.A.informs that, on this date, the Company’s Board of Directors approved, in continuation of the buyback program that expires on November 5th, 2018, the new buyback program of Units and ADRs issued by Banco Santander, directly or through its branch in Cayman, to be held in treasury or subsequently sold.
The Buyback Program will cover the purchase of up to 37,753,760 Units, representing 37,753,760 common shares and 37,753,760 preferred shares or ADRs, which, on September 28, 2018, correspond to approximately 1% of the Company’s capital stock. On September 28, 2018, Banco Santander held 11,059,602 common shares and 11,059,602 preferred shares in treasury.
The buyback has the purpose (1) to maximize the value creation to shareholders by means of an efficient capital structure management; and (2) to enable the payment of officers, directors, management level employees and other employees of the Company and companies under its control, pursuant to the Long Term Incentive Plans.
The Units must be purchased at B3, under market price, through Santander Corretora de Câmbio e Valores Mobiliários S.A.
The ADRs must be purchased at the New York Stock Exchange (NYSE), under market price, through Santander Investment Securities Inc., U.S.
The term of the Buyback Program istwelve (12) months counted from November 6th, 2018, expiring on November 5th, 2019.
São Paulo, November 1st, 2018.
Angel Santodomingo
Investor Relations Officer
Banco Santander (Brasil) S.A. | ||
By: | /S/ Amancio Acurcio Gouveia | |
Amancio Acurcio Gouveia Officer Without Specific Designation | ||
By: | /S/ Angel Santodomingo Martell | |
Angel Santodomingo Martell Vice - President Executive Officer |