**Eurobank Repurchases Over Two Million Shares for €9.78 Million**
Eurobank announced on Monday that it has successfully repurchased a total of 2,273,500 of its own shares as part of its ongoing buyback programme. The transactions occurred between July 6 and July 10, 2026, on the Euronext Athens exchange, facilitated by Eurobank Equities Single Member Investment Firm S.A.
The bank confirmed that the shares were acquired at an average purchase price of €4.3050 per share, leading to a total expenditure of €9,787,363.47 for the week. This buyback initiative is part of a broader strategy approved during the annual general meeting of shareholders held on April 28, 2026.
Following these recent acquisitions, Eurobank now holds a total of 42,011,285 of its own shares. The bank provided a detailed breakdown of the repurchase activity throughout the week. On July 6, 2026, Eurobank purchased 371,000 shares at an average price of €4.3683. The following day, July 7, it acquired 407,500 shares at an average of €4.3477. On July 8, 2026, the bank bought 617,500 shares at an average price of €4.2013. The activity continued on July 9, with 457,000 shares acquired at an average of €4.3156, and concluded on July 10, 2026, with the purchase of 420,500 shares at an average price of €4.3484.
In a related update, Eurobank reminded shareholders of a significant decision made during the April 28, 2026, general meeting. The bank will cancel 28,097,019 of its own shares, a move aimed at reducing its share capital. These shares are scheduled to cease trading on the Euronext Athens exchange on July 14, 2026. This decision follows the registration of the Ministry of Development's approval for the capital reduction with the General Commercial Registry (GEMI), as disclosed by the bank on July 9, 2026.
The share repurchase programme and the subsequent capital reduction are part of Eurobank's strategy to enhance shareholder value and optimize its capital structure. The bank's commitment to returning capital to shareholders through buybacks reflects a positive outlook on its financial health and operational performance.
As Eurobank continues to navigate the evolving market landscape, these strategic moves are expected to bolster investor confidence and support the bank's long-term growth objectives.