Upon conclusion of the €500 m share buyback programme (announced here) and pursuant to the authorisation in place for the cancellation of own shares, Galp informs that the Board of Directors approved the reduction of the Company’s share capital, effective as of December 21, according to the legal terms.
The share capital is reduced from €815,111,548 to €773,082,725, represented by 773,082,725 shares, following the extinction of 42,028,823 own-shares, representative of approximately 5.16% of its initial share capital.
