Lisbon, Jan. 17, 2025 (Lusa) - CTT, the privatised company that operates Portugal's national postal service as well as offering banking and e-commerce services, already holds almost 3% of its own capital, having spent more than €13 million under its share buyback programme, according to a statement to the market.

In the note, released to Portugal's Securities Markets Commission (CMVM), CTT said that "as of 16 January 2025, the company had already acquired 2,853,641 shares under the Buyback Programme announced to the market on 19 July 2024, with the price paid for these acquisitions corresponding to a total amount of 13,063,999 euros.

"As a result, on this date, the company holds an accumulated total of 4,141,687 own shares, representing 2.99% of its share capital," it said.

CTT added that, "in the period between 10 and 16 January 2025 (inclusive), JB Capital Markets, S.V., S.A.U. acquired 145,000 shares representing CTT's share capital, under the Company's share buyback programme and as the financial intermediary in charge of its execution."

ALN/ARO // ARO.

Lusa