---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-229360"
form_type: "8-K"
ticker: "BPOP"
cik: "0000763901"
company_name: "POPULAR, INC."
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:32:12.739964+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Popular, Inc. enters $231M accelerated share repurchase agreement

## Summary
- Initial payment of $231M on Aug 26, 2022; receives 2,339,241 shares initially.
- Repurchase funded by $100M remaining from 2022 capital actions and $131M from EVERTEC sale.
- Final settlement expected no later than Q4 2022, based on VWAP less discount.
- Transaction accounted for as treasury stock transaction; adjustments to treasury stock and capital surplus.

## SEC filing metadata
- accession: 0001193125-22-229360
- form_type: 8-K
- ticker: BPOP
- cik: 0000763901
- company_name: POPULAR, INC.
- filed_at: 2022-08-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763901/000119312522229360/0001193125-22-229360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763901/000119312522229360/d341836d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-229360
- JSON: https://secwatch.observer/filing/0001193125-22-229360.json
- Plain text: https://secwatch.observer/filing/0001193125-22-229360.txt

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