Brief: Millennium Bcp Approves Buyback Programme Of 200 Mln Euros

Banco Comercial Portugues SA

09/04/2025 06:25

April 9 (Reuters) - Banco Comercial Portugues BCP.LS:

SAID ON TUESDAY IT HAD APPROVED SHARE BUYBACK PROGRAMME OF 200.0 MILLION EUROS, EQUIVALENT TO ABOUT 2.683% OF THE COMPANY'S MARKET CAPITALIZATION

MAXIMUM NUMBER OF SHARES TO BE ACQUIRED UNDER THE PROGRAM IS 755.7 MILLION SHARES OF THE BANK, CORRESPONDING TO UP TO 5% OF THE TOTAL SHARES REPRESENTING ITS SHARE CAPITAL

THE BUYBACK PROGRAMME TO START ON APRIL 15 AND END ON OCTOBER 14

THE OBJECTIVE OF THE PROGRAMME IS THE CANCELLATION OF TREASURY SHARES ACQUIRED UNDER ITS SCOPE

 Source text: https://tinyurl.com/56pwxfzs
 Further company coverage: BCP.LS

 (Gdansk Newsroom)

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