<div id="readability-page-1"><div>Nu Holdings (NYSE:NU), a digital banking provider in Latin America, closed Thursday at $12.12, up 4.12%. The stock moved higher after the board approved a new $1 billion share repurchase program. Investors are watching how the buyback offsets recent leadership and credit-risk concerns. Trading volume reached 66.9 million shares, nearly 25% above its three-month average of 53.6 million shares. Nu Holdings IPO'd in 2021 and has grown 17% since going public.<h2 id="how-the-markets-moved-today">How the markets moved today</h2>The S&amp;P 500 rose 0.41% to 7,585, while the Nasdaq Composite slipped 0.09% to 26,831. Among digital banking peers, Banco Bradesco closed at $3.39 (+0.30%), and Itaú Unibanco finished at $7.64 (+0.66%), lagging Nu Holdings’ buyback-fueled rebound.<h2 id="what-this-means-for-investors">What this means for investors</h2>With Nu’s stock down 28% so far in 2026, I certainly don’t mind seeing management jump in and say they plan to buy back $1 billion in stock over the next year. However, investors need to realize that the scope of the buybacks isn’t massive. Home to a $57 billion market cap, the buybacks would theoretically reduce Nu’s share count by less than 2%. Not bad news, but nothing to overreact to either.Furthermore, Nu’s shares outstanding have risen by 1% annually over the last three years, so these buybacks might just offset dilution, rather than really lower its share count over time. Trading at just 14 times forward earnings, despite growing members, average revenue per active customer, and net income by 13%, 33%, and 56%, respectively, Nu appears to be reasonably priced, so I support the buyback plans.<h2>Should you buy stock in Nu Holdings right now?</h2> Before you buy stock in Nu Holdings, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nu Holdings wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $439,632!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,316,532!* Now, it’s worth noting Stock Advisor’s total average return is 959% — a market-crushing outperformance compared to 210% for the S&amp;P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of June 4, 2026. Josh Kohn-Lindquist has positions in Nu Holdings. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy.</div>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</div>

Nu Holdings (NYSE:NU) shares rose 4.12% to $12.12 after its board approved a $1 billion share repurchase program. The buyback aims to offset recent leadership and credit-risk concerns, though analysts note it may primarily offset dilution given the company's market cap. Trading volume surged 25% above average. While Nu trades at a reasonable 14x forward earnings with strong growth metrics, Motley Fool's Stock Advisor did not include it in their current top 10 stock picks.

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Stock Market Today, June 4: Nu Holdings Jumps After Board Approves $1 Billion Share Buyback