**Alpha Bank Completes €14.87 Million Share Buyback Program**
Alpha Bank has successfully executed a significant share buyback initiative, acquiring 3.15 million of its own shares for a total of €14.87 million between September 7 and September 11, 2026. This move is part of a broader share buyback program that received approval from the bank's shareholders during the Annual General Meeting held on June 26, 2026.
According to a recent announcement, the shares were purchased on Euronext Athens at an average price of €4.7160 per share. The buyback program was initially announced on July 31, 2026, and has now seen substantial activity in the early days of its implementation.
The details of the transactions reveal a structured approach to the buyback. On September 7, Alpha Bank acquired 1,058,080 shares at an average price of €4.7320, amounting to approximately €5.01 million. The following day, the bank purchased 1,049,590 shares at an average price of €4.7281, totaling around €4.96 million. On September 9, the bank continued its buyback by acquiring 1,045,216 shares at an average price of €4.6878, which brought the value of that day's purchases to about €4.90 million.
Throughout this three-day period, the highest price paid for the shares was €4.7560, while the lowest recorded price was €4.6170. This strategic buyback not only reflects Alpha Bank's confidence in its own stock but also aims to enhance shareholder value by reducing the number of shares in circulation.
Following this latest round of purchases, Alpha Bank now holds a total of 6,260,374 of its own shares, which represents approximately 0.28 percent of its total shares outstanding. The bank's decision to engage in a buyback program is often viewed positively by investors, as it can signal management's belief in the company's future prospects and can also lead to an increase in earnings per share.
As Alpha Bank continues to navigate the financial landscape, this buyback initiative is expected to play a role in its overall strategy to strengthen its market position and deliver value to its shareholders. The bank's actions in the coming months will be closely monitored by investors and analysts alike, as they assess the impact of this buyback on the bank's performance and stock price.