Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
PORTUGAL TELECOM, SGPS, S.A.
Open Company
Registered
Offices: Avenida Fontes Pereira de Melo, 40, Lisbon
Share
Capital: Euro 1,254,285,000
Registered in the Conservatory of
the Commercial Registry of Lisbon under no. 03602/940706
Collective
Person no. 503 215 058
ANNOUNCEMENT
Pursuant to the terms and for the purposes of subparagraph b) of no.1 of article 9 of the Portuguese Securities Market Commission Regulation no. 11/2000, Portugal Telecom, SGPS, S.A. (PT) announces that, according with the program of own shares acquisition approved at the AGM held on April 4, 2003, acquired today on the Euronext Lisbon Stock Exchange 735,000 PT shares, equivalent to 0.06% of its share capital, as follows:
25,000 PT shares at Euro 6.76 per share;
137,742 PT shares at Euro 6.77 per share.
81,433 PT shares at Euro 6.78 per share;
156.530 PT shares at Euro 6.79 per share;
115,728 PT shares at Euro 6.80 per share;
10,000 PT shares at Euro 6.82 per share;
208,567 PT shares at Euro 6.83 per share;
Additionally, we inform that after this acquisition PT holds 5,760,000 of its own shares, equivalent to 0.46% of its share capital.
Lisbon, September 25, 2003
PORTUGAL TELECOM, SGPS, S.A.
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By: |
/S/
Vitor Sequeira
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Vitor Sequeira
Manager of Investor Relations
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.