Popular sells remaining 7.1M EVERTEC shares for ~$220M, after-tax gain of $131M

POPULAR, INC.

Sold 7,065,634 EVERTEC shares: 6,262,293 in public offering, 803,341 private sale to EVERTEC.
Total cash proceeds approximately $219.8 million.
After-tax gain of approximately $131 million from the transactions.
Popular intends to use after-tax gains for common stock repurchases.
Following sale, Popular no longer owns any EVERTEC common stock.

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