**Eurobank Repurchases Nearly 3 Million Shares in Latest Buyback**
Eurobank has announced the repurchase of 2,907,000 shares as part of its ongoing share buyback program, which took place from July 13 to July 17, 2026. The transactions were executed on the Euronext Athens exchange through Eurobank Equities Single Member Investment Firm, a subsidiary of the bank. This buyback follows the approval from both the bank's shareholders and board of directors earlier this year.
The total expenditure for these share acquisitions amounted to €12,284,211.15, with an average purchase price of €4.2257 per share. The buyback program is part of Eurobank's strategy to enhance shareholder value and reflects the resolutions passed during the annual general meeting on April 28, 2026.
The breakdown of share purchases during this period is as follows:
- On July 13, 2026, Eurobank acquired 413,500 shares at an average price of €4.3609, costing €1,803,218.52.
- The following day, July 14, 2026, the bank purchased 521,000 shares at an average price of €4.2846, totaling €2,232,281.13.
- On July 15, 2026, another 528,000 shares were secured at an average price of €4.2817, amounting to €2,260,730.13.
- The pace of the buyback increased on July 16, 2026, with the acquisition of 668,500 shares at an average price of €4.1854, resulting in a daily expenditure of €2,797,964.63.
- Finally, on July 17, 2026, Eurobank purchased 776,000 shares at an average price of €4.1108, costing €3,190,016.74.
With these latest transactions, Eurobank now holds a total of 16,821,266 of its own shares. The bank's commitment to the buyback program is seen as a strategic move to bolster its stock price and return capital to shareholders, reflecting a positive outlook on its financial health and market position.
The ongoing buyback initiative underscores Eurobank's proactive approach to managing its capital structure and enhancing shareholder returns amid a dynamic economic environment. As the bank continues to execute this program, it remains focused on aligning its financial strategies with shareholder interests and market conditions.