The Board of Directors of Nu Holdings has approved a share repurchase program that will be conducted over a 12-month period starting June 4, 2026. This move comes as part of a strategic capital allocation policy, indicating that Nu’s operations are generating significant capital, which the Board believes is best utilized through share buybacks.The company's confidence may be driven by the strong top-line growth reported last month.New CFO NamedThe company said the leadership change will not alter its operating model, risk framework, or long-term strategy. Livingston will oversee global finance operations, including capital and liquidity management, investor relations, tax, reporting, and corporate development.NU Technical Outlook: Oversold Signals And Key Moving AveragesCurrently, Nu Holdings is trading 8.3% below its 20-day simple moving average (SMA) of $12.96. The stock’s relative strength index (RSI) is at 29.02, indicating that it is in oversold territory, suggesting potential for a rebound if buying interest increases. Additionally, the 50-day SMA is 14.5% above the current price, further highlighting the downward pressure on the stock.NU Earnings Preview And Analyst Price TargetsNu Holdings Ltd. is slated to provide its next financial update on August 13, 2026 (estimated).