Vale is trading 4.13% up at $14.20 after its board-approved repurchase program for up to 100 million shares began August 19, 2026.
- The buyback represents approximately 2.3% of outstanding equity and signals management’s confidence and commitment to shareholder returns.
- Vale also approved approximately R$8.64 billion in dividends and interest on capital.
- Materials-sector strength and firmer iron ore prices provide additional support.