**Eurobank Continues Buyback Programme with Purchase of Nearly 3 Million Shares**
Eurobank has announced the successful repurchase of 2,977,805 of its own shares as part of its ongoing share buyback programme. The transactions took place between June 22 and June 26, 2026, on the Euronext Athens stock exchange. This buyback initiative was initially approved by the bank’s shareholders during the annual general meeting held on April 28, 2026.
The shares were acquired at an average price of €4.1785 each, leading to a total expenditure of approximately €12.44 million. The repurchase was executed by Eurobank Equities Single Member Investment Firm S.A., the bank's designated member firm for these transactions.
The breakdown of the share acquisitions is as follows: on June 22, Eurobank purchased 439,122 shares at an average price of €4.2887. The following day, June 23, it acquired 488,223 shares at an average price of €4.2658. On June 24, the bank bought 557,432 shares at an average of €4.2399. The trend continued on June 25 with the purchase of 747,592 shares at €4.1071, and finally, on June 26, 745,436 shares were acquired at an average price of €4.0820.
With these latest transactions, Eurobank now directly holds a total of 37,033,319 of its own shares. This buyback programme is part of the bank's strategy to enhance shareholder value and optimize its capital structure.
In addition to the buyback, Eurobank reminded shareholders of a separate corporate action approved during the same annual general meeting. Shareholders voted in favor of canceling 28,097,019 of the bank's own shares, which will lead to a corresponding reduction in the bank’s share capital. This cancellation process is pending approval from the European Central Bank (ECB) and must also meet formal publication requirements through the General Commercial Registry (GEMI).
The continuation of the buyback programme and the planned share cancellation reflect Eurobank's commitment to maintaining a robust financial position while also returning value to its shareholders. As the bank navigates the complexities of the financial market, these strategic moves are aimed at reinforcing investor confidence and enhancing overall market performance.
As Eurobank progresses with its buyback programme and prepares for the potential cancellation of shares, stakeholders will be closely monitoring the developments, particularly the response from the ECB regarding the share capital reduction. The bank's proactive measures in managing its share structure are indicative of its focus on long-term growth and stability in a competitive banking environment.