News

Allwyn acquires nearly 550,000 shares in latest buyback push

Cyprus Mail · 2026-08-19

AI SUMMARY

• What happened: Allwyn AG acquired 549,942 of its own shares on the Euronext Athens exchange for €7,454,599.80 as part of its ongoing share buyback program from August 10 to August 14, 2026. • Why it matters: This buyback initiative is aimed at enhancing shareholder value and optimizing the company's capital structure, demonstrating Allwyn's confidence in its business model and growth prospects. • What to watch next: Investors should monitor Allwyn's future share buyback activities and any announcements regarding its financial performance and strategic plans.

**Allwyn AG Completes Share Buyback of Nearly 550,000 Shares**

Allwyn AG has announced the successful acquisition of 549,942 of its own shares on the Euronext Athens exchange during a recent trading window from August 10 to August 14, 2026. The total expenditure for this buyback amounted to €7,454,599.80. This initiative is part of the company’s ongoing share buyback program, which was initially disclosed on June 4, 2026.

Throughout the five-day period, Allwyn demonstrated a consistent approach to repurchasing shares, with daily acquisitions reflecting a strategic effort to enhance shareholder value. The breakdown of the transactions is as follows:

- On August 10, 2026, Allwyn purchased 115,693 shares at a total cost of €1,565,060.20, achieving an average price of €13.5277 per share.

- The next day, August 11, 2026, the company acquired 113,649 shares for €1,544,524.00, with an average price of €13.5903.

- Continuing the trend, on August 12, 2026, Allwyn secured 113,789 shares at a cost of €1,548,053.83, resulting in an average price of €13.6046.

- On August 13, 2026, the company bought 111,936 shares for €1,511,908.36, paying an average price of €13.5069.

- The buyback program concluded on August 14, 2026, with the acquisition of 94,875 shares valued at €1,285,053.41, which brought the average price to €13.5447.

Following these transactions, Allwyn AG now holds a total of 39,530,444 treasury shares, which constitutes approximately 4.90 percent of the company’s total issued share capital.

This buyback program aligns with Allwyn's strategy to optimize its capital structure and return value to shareholders. The company's commitment to share repurchases reflects confidence in its business model and future growth prospects.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

Ukraine’s anti-corruption agencies launch probe ahead of key defence minister vote

• What happened: Ukraine's anti-corruption agencies launched a special operation against lawmakers and presidential advisers just hours before a crucial pa...

News

‘Cyprus will not tolerate abuse of foreign workers’, says labour minister

• What happened: Cyprus Labour Minister Marinos Mousiouttas announced plans for inspections into allegations that hotels are using temporary agency workers to b...

News

Turkish opposition furious over Greek Cypriot invite to Istanbul geography Olympiad

• What happened: Ayyuce Turkes Tas, a high-ranking Turkish opposition politician, expressed outrage over the invitation of a Greek Cypriot delegation to the Int...

News

Cyprus says it raised precautionary measures, after FT report over possible Iranian attacks

• What happened: Cyprus has heightened its precautionary security measures in response to a Financial Times report suggesting potential Iranian attacks, particu...

News

Cyprus says it’s not an Iranian target as UK stresses Akrotiri security

• What happened: The UK Ministry of Defence confirmed that RAF Akrotiri in Cyprus is secured by robust measures after reports suggested it could be a target for...

News

Europe’s old growth model is ‘eroding’, warns ECB president Lagarde

• What happened: ECB President Christine Lagarde warned that Europe's post-war economic model is eroding and urged the bloc to leverage its single market f...