Eurobank launches share buyback programme worth €288 million

💰 Ekonomi 📰 Cyprus Mail 🕐 1 saat önce
Eurobank launches share buyback programme worth €288 million

Greek lender Eurobank S.A. on Wednesday announced the official commencement of a new share buyback programme , following the receipt of necessary regulatory approvals. The initiative was formally authorised by shareholders during the annual general meeting held on April 28, 2026, and subsequently approved by the European Central Bank (ECB) on June 8, 2026. The share buyback programme concerns the acquisition of up to 363,151,080 shares , which represents a maximum of 10 per c

Eurobank has officially launched a share buyback program valued at up to €288 million, following approvals from shareholders and the European Central Bank. The program allows for the repurchase of up to 10% of the bank's paid-up share capital, with individual share prices ranging from €0.22 to €10.00. This initiative is set to run for a maximum of twelve months, concluding in June 2027. Eurobank Equities Investment Firm will manage the share purchases, making independent trading decisions in compliance with EU regulations on market abuse and transparency.

This share buyback program signals the bank's confidence in its financial standing and aims to return value to shareholders.

#euro#market#stock#investment#app

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