---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-221259"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-24T00:09:31.753223+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-221259
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312522221259/0001193125-22-221259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312522221259/d349488d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-221259
- JSON: https://secwatch.observer/filing/0001193125-22-221259.json
- Plain text: https://secwatch.observer/filing/0001193125-22-221259.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.