News

Alpha Bank approves dividend payment of €148 million

Cyprus Mail · 2026-06-30

AI SUMMARY

• What happened: Alpha Bank announced a cash dividend payment of €148 million to shareholders, approved during its annual general meeting on June 26, 2026, with a gross amount of €0.0655980839 per share. • Why it matters: This dividend distribution, sourced from internal reserves and non-taxed profits, reflects Alpha Bank's commitment to returning value to shareholders and follows a previous interim dividend, bringing the total for the 2025 financial year to over €259 million. • What to watch next: Key dates for the dividend distribution include the ex-dividend date on July 1, 2026, the record date on July 2, 2026, and the payment commencement on July 8, 2026, along with procedures for heirs and those in liquidation.

**Alpha Bank Approves €148 Million Dividend Payment to Shareholders**

In a significant financial announcement, Greek lender Alpha Bank has confirmed that it will distribute a cash dividend of €148 million to its shareholders. This decision was made during the bank’s annual general meeting, which took place on June 26, 2026. The total dividend amount to be disbursed is €148,005,238.21, sourced from the bank's internal dividend reserves and other non-taxed profits.

Each shareholder is set to receive a gross dividend of €0.0655980839 per share. However, this figure excludes 59,018,043 treasury shares held by the bank. This latest dividend payment follows an interim dividend of €111,388,046.88 that was distributed in December 2025. When combined, the total profit distribution for the 2025 financial year reaches €259,393,285.09.

As per Greek tax regulations, the dividend is subject to a 5% withholding tax, which will reduce the net cash payment to shareholders to approximately €0.0623181797 per share.

Key dates have been established for the dividend distribution process. The ex-dividend date, which marks the first day that shares will trade without the entitlement to the dividend, is set for July 1, 2026. Following this, the record date for identifying beneficiaries will be July 2, 2026. The actual payment of dividends is scheduled to commence on July 8, 2026.

Alpha Bank has also outlined specific procedures for shareholders who are legal heirs of deceased shareholders or for those holding titles in institutions currently undergoing liquidation. These individuals are encouraged to contact Alpha Bank directly to facilitate the dividend collection process.

It is important to note that the right to collect the dividend will expire five years after the end of the year in which the right was established. After this period, any unclaimed funds will revert to the Greek State.

This dividend announcement reflects Alpha Bank's ongoing commitment to returning value to its shareholders, as the bank continues to navigate the complexities of the financial landscape in Greece and beyond.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

Today’s weather: Sunny at up to 39 degrees

• What happened: Cyprus is experiencing predominantly clear skies with temperatures reaching up to 39 degrees Celsius inland and varying temperatures across coa...

News

Police officer shoots wife in Limassol

• What happened: A police officer in Limassol shot his wife and then himself using his service pistol on Monday morning, resulting in the woman being hospitaliz...

News

Police officer dead after shooting wife in Limassol

• What happened: A police officer in Limassol shot his wife before turning the gun on himself, resulting in the officer's death and the wife's critica...

News

Energy strategy gaps leave Cyprus without long term direction, says expert

• What happened: Energy expert Andreas Poullikkas highlighted that Cyprus lacks a coherent long-term energy strategy, facing pressures from costs, climate targe...

News

Survivors decry slow aid after deadly Venezuela quake, death toll hits 1,700

• What happened: Venezuela is facing widespread frustration over slow government aid following twin earthquakes that struck five days ago, resulting in a death ...

News

Morocco advance after penalty shootout win over Netherlands in Monterrey thriller

• What happened: Morocco defeated the Netherlands 3-2 in a penalty shootout after a 1-1 draw in regulation and extra time, advancing to the World Cup last 16. ...