Lisbon, March 23, 2026 (Lusa) - Galp has announced the completion of its share capital reduction from almost €753.5 million to just over €737 million, following the conclusion of its 2025 share buyback programme.

"Following the announcement on 2 March 2026, Galp says it has completed the reduction of its share capital from €753,495,159 to €737,022,898, in accordance with approvals from its board of directors and following the conclusion of the 2025 share buyback programme," the company said in a statement dated Friday and released on Monday by the Securities Market Commission (CMVM).

The company detailed that the registration of the cancellation of 16.47 million treasury shares has been confirmed, bringing the total shares in circulation to 737 million.

On 2 March, Galp announced that it had approved a reduction in its share capital following the conclusion of the €250 million share buyback programme launched in 2025.

In a note published by the CMVM, Galp said that, "following the conclusion of the €250 million share buyback programme launched in 2025, to reduce capital," its board "approved a reduction in the company's share capital from almost €753.5 million to just over €737 million".

PD/LYT  // ADB.

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