**Eurobank Confirms Reduction of Share Capital Following Share Cancellation**
Eurobank S.A. has officially announced the cancellation of 28,097,019 of its own shares, each with a nominal value of €0.22. This decision, made during the bank's Annual General Meeting on April 28, 2026, has led to a significant reduction in the bank's share capital by €6,181,344.18.
As a result of this cancellation, Eurobank's total share capital now amounts to €792,751,032.04. The capital is now divided into 3,603,413,782 common registered shares, each retaining the nominal value of €0.22. This move is in accordance with Article 49 of Law 4548/2018, which governs the corporate operations of companies in Greece.
In addition to the share cancellation, Eurobank reported that the Ministry of Development issued a decision on July 9, 2026, approving amendments to the bank's governing articles. This decision has been formally registered with the General Commercial Registry, ensuring compliance with regulatory requirements.
The bank also notified Euronext Athens Holding S.A. of the cancellation of shares and the corresponding reduction in capital on the same date, July 9, 2026. Consequently, trading of the cancelled shares on the Euronext Athens exchange will cease effective July 14, 2026.
This strategic move reflects Eurobank's ongoing efforts to optimize its capital structure and enhance shareholder value. The cancellation of shares is often seen as a method to increase earnings per share and improve financial ratios, which can positively influence investor sentiment.
As Eurobank continues to navigate the complexities of the financial landscape, these changes are expected to play a crucial role in its long-term growth strategy. The bank remains committed to maintaining transparency with its shareholders and the broader market as it implements these adjustments.