Brazil's Embraer to buy back up to 3 million shares

SAO PAULO, June 2 (Reuters) - Brazil's planemaker Embraer SA will buy back up to 3 million shares, equivalent to 0.4 percent of total shares in circulation, the company said in a securities filing.

The buyback program will last one year and Embraer hired the brokerage unit of Itaú Unibanco Holding SA as intermediary. (Reporting by Tatiana Bautzer; Editing by Bill Trott)