**Alpha Bank Repurchases Over a Million Shares for €4.67 Million**
Alpha Bank S.A. has successfully completed a significant share repurchase initiative, acquiring 1,010,005 of its own shares for a total expenditure of €4,672,857.51. This transaction took place between August 14 and August 21, 2026, and was officially announced by the bank on Monday, following a prior corporate update issued on July 31, 2026.
The share repurchase was executed under the bank’s established share buyback programme, which received formal approval during the annual general meeting of shareholders held on June 26, 2026. The implementation of this programme began on August 14, 2026, marking the start of open-market transactions.
All repurchased shares were traded on Euronext Athens, with the bank acquiring them at an average price of €4.6266 per share. The purchases were made over three separate trading days within the specified period, as detailed in the transaction breakdown provided by the bank.
On August 14, 2026, Alpha Bank purchased 339,131 shares for €1,589,235.69, resulting in an average purchase price of €4.6862 per share. During this trading session, the share price fluctuated, reaching a high of €4.6990 and a low of €4.6620.
Subsequently, on August 17, 2026, the bank acquired an additional 332,721 shares at a total cost of €1,540,731.13, with an average price of €4.6307. The share prices on this day varied, peaking at €4.6580 and dipping to a low of €4.5960.
The final trading day of the reported period, August 18, 2026, saw Alpha Bank purchase 338,153 shares for €1,542,890.69, reflecting an average price of €4.5627. The share price during this session ranged from a high of €4.58 to a low of €4.5270.
With the completion of these transactions, Alpha Bank now holds a total of 1,010,005 treasury shares, which constitutes approximately 0.04 percent of the bank's total share capital. This buyback initiative is part of the bank's ongoing strategy to enhance shareholder value and reflects its commitment to managing its capital effectively.
The share buyback programme, as highlighted by the bank, is designed to provide flexibility in capital management and to potentially improve the market perception of the bank's stock. The repurchased shares may be held as treasury stock or used for other corporate purposes as deemed appropriate by the bank's management.
As Alpha Bank continues to navigate the financial landscape, this strategic move is expected to play a role in bolstering investor confidence and aligning with the bank's long-term growth objectives. The bank's proactive approach in managing its share capital underscores its focus on maintaining a robust financial position while delivering value to its shareholders.