**Alpha Bank Acquires Over 1.7 Million Shares for €8 Million**
Alpha Bank S.A. has announced the successful repurchase of 1,746,545 of its own shares, amounting to a total expenditure of €8,098,859.46. This significant transaction took place on the Euronext Athens stock exchange between August 31 and September 4, 2026, as part of the bank's ongoing share buyback programme.
The share buyback initiative was initially disclosed on July 31, 2026, and received formal approval during the bank's annual general meeting held on June 26, 2026. The decision to repurchase shares aligns with the bank's strategy to enhance shareholder value and manage its capital structure effectively.
Throughout the trading period, Alpha Bank executed its share purchases at a volume-weighted average price of €4.6371 per share. The transactions were strategically distributed over several days, with a detailed breakdown of the activities highlighting the bank's approach to the buyback.
On the first day of the repurchase programme, August 31, 2026, Alpha Bank acquired 339,001 shares for a total of €1,543,810.55. The average purchase price on that day was €4.5540 per share, with prices fluctuating between €4.5140 and €4.5860.
The following day, September 1, 2026, the bank continued its buyback efforts, securing 355,127 shares valued at €1,605,742.24. The average price for these shares was slightly lower at €4.5216, with trading prices ranging from €4.4840 to €4.5460.
The most substantial transaction occurred on September 4, 2026, when Alpha Bank repurchased 1,052,417 shares for €4,949,306.67. On this day, the average acquisition price rose to €4.7028, with intraday prices ranging between €4.67 and €4.7370.
With these recent purchases, Alpha Bank now holds a total of 3,107,488 of its own shares, which represents approximately 0.14% of its total share capital. This buyback initiative is part of a broader strategy to optimize the bank's capital management and enhance overall shareholder returns.
The bank's actions reflect a positive outlook on its financial health and commitment to returning value to its shareholders amidst the evolving market conditions. As Alpha Bank continues to navigate the complexities of the financial landscape, such strategic maneuvers may bolster investor confidence and contribute to the bank's long-term growth objectives.