Vale(US:VALE)2023-10-25 16:00Earnings Distribution - Vale S.A. approved a distribution of earnings to shareholders amounting to R$2.331661567 per share, which includes R$1.565890809 as dividends and R$0.765770758 as interest on capital[3] - The total amount distributed is based on the profit determined in the balance sheet as of September 30, 2023, reflecting the anticipation of the appropriation of the 2023 result[3] Share Buyback Program - The new share buyback program allows for the acquisition of up to 150 million common shares, representing approximately 3.5% of the outstanding shares[5] - The term of the new buyback program is 18 months, commencing after the current program expires on October 27, 2023, which has accumulated 360,324,179 shares[5] Shareholder Dates - The cutoff date for holders of Vale common shares on B3 is November 21, 2023, and for ADR holders on NYSE, it is November 24, 2023[7] - Vale's common shares will trade ex-dividend on B3 and NYSE starting November 22, 2023[7] - Payment to ADR holders will be processed through Citibank N.A. on December 8, 2023[7]