**Alpha Bank Completes €9.83 Million Share Buyback Program**
Alpha Bank S.A., a prominent Greek financial institution, has successfully executed a series of share repurchase transactions amounting to €9,832,079.81. The acquisitions took place on Euronext Athens between September 14 and September 18, 2026, as part of the bank's ongoing share buyback program.
The announcement, made on Monday, detailed that the bank acquired a total of 2,033,797 of its own shares during this five-day trading period. The initiative is part of a broader strategy aimed at enhancing shareholder value, which was formally approved by shareholders during the annual general meeting held on June 26, 2026.
During the initial day of transactions on September 14, Alpha Bank purchased 1,003,285 shares for €4,899,843.28, resulting in an average purchase price of €4.8838 per share. The trading session saw the stock reach a high of €4.9340 and a low of €4.7980.
Following this, on September 18, the bank acquired an additional 1,030,512 shares for €4,932,236.53. The average price for this transaction was €4.7862 per share, with intraday prices fluctuating between a high of €4.8400 and a low of €4.7140.
As a result of these recent buybacks, Alpha Bank now holds a total of 8,249,171 shares in its treasury, which represents approximately 0.37 percent of the bank's total issued shares. This strategic move underscores the bank's commitment to returning capital to its shareholders while also potentially bolstering its stock price in the long term.
The ongoing buyback program reflects Alpha Bank's confidence in its financial position and future prospects, and it aligns with similar initiatives undertaken by other financial institutions aiming to enhance shareholder returns in a competitive market.
As Alpha Bank continues to navigate the complexities of the financial landscape, these share repurchases may play a crucial role in reinforcing investor confidence and solidifying the bank's market presence.