Companies Key Facts —The vote. LATAM’s board called an extraordinary shareholders meeting for August 3. —The ceiling. Chilean company law caps any buyback at 5% of paid shares and five years. —The precedent. The March 2025 meeting authorised 1.6%, not the maximum. —The spend. Two programmes last year absorbed $585 million across roughly 5% of […] The post LATAM Calls a Buyback Vote. The 5% Is Chile’s Legal Cap. appeared first on The Rio Times.