EDP moves forward with 100 million share buyback program
In a statement to the Securities Market Commission (CMVM), the company led by Miguel Stilwell de Andrade said that the share buyback program “is part of a context of expected investment slowdown in the period 2025-2026, and in line with EDP's commitment to optimizing its capital allocation and shareholder remuneration”.
EDP has approved a share buyback program worth 100 million euros, to be valid for a maximum period of three months, starting today, the energy company informed the market today.
In a statement to the Securities Market Commission (CMVM), the company led by Miguel Stilwell de Andrade said that the share buyback program “is part of a context of expected investment slowdown in the period 2025-2026, and in line with EDP's commitment to optimizing its capital allocation and shareholder remuneration”.
Share acquisitions under the Buyback Program will be carried out on the regulated market of Euronext Lisbon.
jornaleconomico
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