Millennium BCP repurchases 14.3 million shares

Millennium BCP has repurchased 14.34 million of its own shares between October 5 and October 9, as part of an ongoing share buyback program. These transactions, executed by J.P. Morgan SE on Euronext Lisbon, bring the bank's total repurchased shares to 274,551,748, representing 1.85% of its total share capital.

The total value of shares repurchased since the program's inception amounts to 303.88 million euros. The buyback program, which began on June 4, 2026, was approved with a global amount of 407.5 million euros. The program allows for the repurchase of up to 755,699,497 shares, or approximately 5% of the capital, for subsequent cancellation.

This initiative is part of a new shareholder remuneration framework that includes the potential distribution of up to 90% of the annual net result and aims to achieve capital reduction. During the first half of 2026, BCP shares rose by 15.5%, outperforming the STOXX Europe 600 Banks index.