UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| Form 6-K |
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2024
Commission File Number: 001-41035
CI&T INC
(Translation of registrant’s name into English)
Estrada Guiseppina Vianelli De Napoli, 1455 – C,
Globaltech 13.100-000 - Brazil
Campinas-State of São Paulo
+55 19 21024500
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F
CI&T BOARD OF DIRECTORS APPROVES THE RENEWAL OF ITS SHARE REPURCHASE PROGRAM
New York - December 19, 2024 - CI&T INC (NYSE: CINT, “CI&T”), a global technology transformation specialist, announces that its Board of Directors approved today the renewal of its share repurchase program, pursuant to which CI&T may repurchase up to five million of its outstanding class A common shares. The program was approved taking into consideration the Company's commitments to deliver shares under its stock-based compensation plan and M&A transactions.
CI&T may repurchase shares of its common stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions.
The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The share repurchase program will be in effect until December 31, 2025, and may be suspended or discontinued at any time. CI&T is not obligated to acquire any amount of common stock under the share repurchase program.
Investor Relations Contact:
Eduardo Galvão
About CI&T
CI&T (NYSE: CINT) is a global technology transformation specialist for 100+ large enterprises and fast growth clients. CI&T brings a 29-year track record of helping clients navigate change to deliver accelerated business impact, with deep expertise across AI, strategy, customer experience, software development, cloud services, data and more. CI&T’s proprietary AI platform, CI&T FLOW boosts team productivity, ensuring fast, efficient, and scalable delivery of world-class solutions. Operating globally with over 6,700 professionals across 9 countries, CI&T is recognized by Forrester as a Leader in Modern Application Development Services.
SIGNATURES
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: December 19, 2024
CI&T Inc
By: /s/ Stanley Rodrigues
____________________________________
Name: Stanley Rodrigues
Title: Chief Financial Officer