CTT raises share buyback program cap to EUR 40 million

Reuters2026/07/28 19:35

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

CTT raises share buyback program cap to EUR 40 million

You may also like

Crypto prices