Chapter I · Characteristics and articles of association

Article 276 Nominal value of the capital and of the shares

Artigo 276.º · Valor nominal do capital e das acções

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. The shares of public limited companies may be shares with a nominal value or shares without a nominal value.

1 - As acções das sociedades anónimas podem ser acções com valor nominal ou acções sem valor nominal.

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2. Shares with a nominal value and shares without a nominal value may not coexist in the same company.

2 - Na mesma sociedade não podem coexistir acções com valor nominal e acções sem valor nominal.

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3. The minimum nominal value of the shares or, in its absence, the issue price, must not be less than 1 cent.

3 - O valor nominal mínimo das acções ou, na sua falta, o valor de emissão, não deve ser inferior a 1 cêntimo.

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4. All shares must represent the same fraction of the share capital and, where they have a nominal value, must have the same nominal value.

4 - Todas as acções devem representar a mesma fracção no capital social e, no caso de terem valor nominal, devem ter o mesmo valor nominal.

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5. The minimum amount of the share capital is EUR 50,000.

5 - O montante mínimo do capital social é de 50 000 euros.

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6. The share is indivisible.

6 - A acção é indivisível.

What we checked in this article

The ban on mixing par and no-par shares, the 1 cent minimum, equal fractions of capital, the 50 000 minimum share capital and the indivisibility of the share are retained.

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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

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