Brazil builder Gafisa to spend up to $160 mln in new buyback plan
February 02, 2015 at 16:34 PM EST
SAO PAULO, Feb 2 (Reuters) - Brazilian homebuilder Gafisa SA on Monday approved a plan to spend up to 437 million reais ($160 million) buying back up to 27 million shares in a bid to help reverse two years of stock declines.