Banco Comercial buys back 10.02 million shares for Banco Comercial stock

Published on 10/20/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Buybacks reached 77 percent after EUR 315.2 million in purchases. Banco Comercial stock costs EUR 1.10 on October 20, 2026, versus EUR 1.12.

Buyback reaches a key threshold

Banco Comercial acquired 10.02 million shares between October 12 and October 16, 2026.
The program had used EUR 315.2 million, equal to 77 percent of its EUR 407.5 million allocation, by October 16, 2026.
Banco Comercial stock was trading at EUR 1.10 at 9:37 a.m. CEST at Lang & Schwarz on October 20, 2026.

Banco Comercial, PTBCP0AM0015, Illustration mit AI erstellt.

Banco Comercial (ISIN PTBCP0AM0015) was trading at EUR 1.10 at Lang & Schwarz on October 20, 2026, at 9:37 a.m. CEST. The bank's latest buyback report showed that the program had reached 77 percent of its planned allocation by October 16, 2026, according to GlobeNewswire.

Buyback progress reaches 77 percent

Banco Comercial bought 10.02 million of its own shares between October 12 and October 16, 2026, through J.P. Morgan SE on the regulated Euronext Lisbon market. The purchases formed part of a program with a maximum value of EUR 407.5 million.

By the report date, the bank had accumulated 284.57 million treasury shares for EUR 315.2 million. Those shares represented 1.92 percent of Banco Comercial's share capital, giving the transaction a measurable effect on the capital structure, according to Jornal Económico.

What does the remaining program mean?

The program can continue until December 4, 2026, unless it ends earlier. Banco Comercial may ultimately repurchase up to 1.18 billion shares, equivalent to 8 percent of the share capital, with the acquired stock later eligible for cancellation, according to Jornal Económico.

The broader strategic plan for 2025 to 2028 links buybacks and ordinary dividends to a distribution of up to 90 percent of net income, while targeting a CET1 ratio above 13.5 percent. The latest weekly purchases represented between 5.63 percent and 9.89 percent of trading volume, adding a concrete measure of the program's market activity.

Next date is December 4, 2026

The next substantiated program date is December 4, 2026, the stated end date for the buyback. For investors, the key figures are the EUR 92 million still to be executed and the 77 percent already completed, rather than a new earnings forecast.

Banco Comercial stock and the latest quote

At EUR 1.10, the Lang & Schwarz indication was below the EUR 1.1196 to EUR 1.1317 weighted purchase-price range reported for the latest week. The comparison uses the buyback's own transaction prices and does not replace the stock's exchange reference price.

Banco Comercial stock was trading at EUR 1.10 at Lang & Schwarz on October 20, 2026, at 9:37 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Banco Comercial stock.