EDP has approved a new Share Buyback program
This program is for the acquisition of up to €100 million over a maximum period of 3 months.
EDP carries out Share Buyback programmes in order to create value for shareholders while ensuring a strict financial policy. These programs follow all legal and regulatory requirements and are executed on the regulated market of Euronext Lisbon.
Share Buyback programmes are based on EDP’s financial position, investment plans and are aligned with EDP's commitment to optimize its capital allocation and shareholder remuneration.
Program
Share repurchase authorisations
Under the terms of the authorization in place, granted by the Annual General Meeting on April 10th, 2024, for the acquisition of own shares representing up to 10% of share capital, the Executive Board of Directors approved the current Share Buyback program.
The current authorization is valid for a period of 18 months.