** Shares of Brazilian payments firm StoneCo STNE.O jump 12.2% to $10.41 in afternoon trading
** STNE, on Thursday, authorized a share repurchase program of up to 2 billion reais ($343.9 mln), which does not have fixed expiration date
** Repurchases may be made from time to time through open market transactions, block trades, and privately negotiated transactions
** As of last close, STNE down 48.6% YTD
($1 = 5.8156 reais)
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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