CTT - Correios De Portugal, S.A. announced today a €10 million increase to its ongoing share buyback program. The program’s total value is now €40 million.
CTT raised the maximum number of shares it may acquire from 5.5 million to 7.5 million. That represents up to 5.6% of the company’s share capital.
The decision follows a significant net cash inflow from the completion of a joint venture with DHL and strong second-quarter 2026 results. Those results highlighted business resilience and improved cash-flow generation.
CTT has reduced its net debt, giving it greater balance-sheet flexibility to support the increased shareholder remuneration.