News

Allwyn buys more than 680,000 shares for €9.1m

Cyprus Mail · 2026-09-16

AI SUMMARY

• What happened: Allwyn completed a share buyback, acquiring 689,184 shares for €9.1 million on Euronext Athens from September 7 to September 11, 2026. • Why it matters: This buyback is part of Allwyn's strategy to enhance shareholder value and manage its capital structure, reflecting its commitment to returning capital to shareholders. • What to watch next: Monitor Allwyn's ongoing share buyback program and its impact on investor confidence and the company's long-term growth in the competitive lottery industry.

**Allwyn Completes Significant Share Buyback on Euronext Athens**

Lottery giant Allwyn has successfully executed a substantial share buyback, acquiring 689,184 of its own shares for a total of €9.10 million on the Euronext Athens exchange. This transaction took place over a five-day period from September 7 to September 11, 2026, as part of the company's ongoing share buyback scheme.

The share repurchase was conducted under a program that Allwyn initially announced on June 4, 2026. During this period, the company paid an average price of €13.1937 per share, based on the total expenditure of €9,098,681.94.

The buyback activity saw varying daily purchases, with the largest transaction occurring on September 11, when Allwyn acquired 149,282 shares for approximately €1.98 million, at an average price of €13.2927 per share. Following closely behind, on September 10, the company purchased 147,817 shares for around €1.95 million, averaging €13.2241 per share.

The daily purchases continued with Allwyn acquiring 147,283 shares on September 8 for €1.94 million at an average price of €13.1802. On September 9, the company bought 146,353 shares for €1.92 million, averaging €13.1156 per share. The smallest daily buyback occurred on September 7, when Allwyn purchased 98,449 shares for approximately €1.30 million at an average price of €13.1931.

Following these recent transactions, Allwyn now holds a total of 41,872,995 of its own shares, which accounts for 5.19 percent of the total number of shares issued by the company. This buyback initiative is part of Allwyn's strategy to enhance shareholder value and manage its capital structure effectively.

The ongoing share buyback program reflects Allwyn's commitment to returning capital to shareholders and optimizing its equity position in the market. As the company continues to navigate the competitive landscape of the lottery industry, these strategic financial maneuvers may play a crucial role in bolstering investor confidence and supporting the company's long-term growth objectives.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

Culture ministry staff walk out, citing hostile work environment (photos)

• What happened: Staff at the Deputy Ministry of Culture staged a one-hour walkout to protest proposed budget changes and a hostile work environment, as reporte...

News

Three killed as NBC news helicopter crashes in Los Angeles

• What happened: An NBC Los Angeles news helicopter, identified as NewsChopper 4, crashed in the Chatsworth area, resulting in three fatalities and two injuries...

News

Drousiotis, Kyriakou referred to criminal court in ‘Sandy’ case

• What happened: Journalist Makarios Drousiotis and Kyriaki Kyriakou, known as Sandy, have been referred to the Nicosia criminal court for trial on 101 charges,...

News

Larnaca hospital nurses stage walkout over overcrowding

• What happened: Nursing staff at Larnaca General Hospital staged a one-hour work stoppage to protest severe overcrowding and staff exhaustion. • Why it matte...

News

Halliburton Secures Bundled Well Contract from Eni for Cronos Development in Cyprus - Oil & Gas Middle East

• What happened: Halliburton has been awarded a bundled well contract by Eni for the Cronos development project in Cyprus, focusing on offshore hydrocarbon expl...

News

“Sandy case”: Drousiotis, Kyriakou referred to December criminal trial

• What happened: Makarios Drousiotis and Kyriaki Kyriakou were referred to trial in December over the "Sandy" case, facing 101 charges including forge...