Brazil's Itau Unibanco approves $4.4 billion in dividends, interest on equity

SAO PAULO, Nov 27 (Reuters) - Brazilian lender Itau Unibanco ITUB4.SA announced on Thursday the payment of 23.4 billion reais ($4.37 billion) in dividends and interest on equity to shareholders, according to a securities filing.

• Itau will pay about 1.87 reais per share in dividends on December 19.

• Itau will pay about 0.37 reais per share in interest on equity by April 30, 2026.

• The lender also announced the cancellation of 78.9 million shares, the equivalent of 3 billion reais.

• The shares to be canceled have been held by Itau in treasury after the bank had bought them back.

($1 = 5.3562 reais)