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CTT raises share buyback program cap to EUR 40 million

PUBT·07/28/2026 19:35:00
語音播報
CTT raises share buyback program cap to EUR 40 million
  • CTT raised the maximum size of its ongoing share buyback program to EUR 40 million from EUR 30 million.
  • The program now allows repurchases of up to 7,500,000 shares, up from 5,500,000, representing up to 5.6% of share capital.
  • The end date stays 30 April 2027; the program continues under the shareholder authorization granted at the 30 April annual meeting.
  • The increase follows a net cash inflow from the completed DHL eCommerce joint venture; net debt fell to about EUR 292.8 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTT – Correios de Portugal SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.