Eurobank buys back 1.95 million shares for €8.65 million
Eurobank said it repurchased 1,953,171 shares during five trading sessions from October 12 to October 16, bringing its holding of its own shares to 33,609,346.
Athens, Greece. Eurobank S.A. announced on Monday that it had spent €8.65 million repurchasing 1.95 million shares during five trading sessions from October 12 to October 16.
Programme approval and transaction totals
According to the lender, the buybacks followed shareholder approval at the April 28 annual general meeting and subsequent board authorisation on April 29.
Eurobank reported purchasing 1,953,171 shares through Euronext Athens, spending €8,653,393.38 at an average of €4.4304 for each share. Eurobank Equities Single Member Investment Firm handled the transactions.
Daily purchases and price range
The bank’s breakdown showed purchases of 488,347 shares costing approximately €2.16m on October 12, followed by 64,249 shares costing €287,401 on October 13. It acquired another 172,085 shares for approximately €770,000 on October 14.
The largest daily repurchase was on October 15: 638,490 shares costing approximately €2.81m, with an average purchase price of €4.4042. On October 16, the lender acquired 590,000 shares for approximately €2.62m, averaging €4.4475 each.
Eurobank said the period’s highest individual purchase price was €4.5010, recorded on October 14, while the lowest, €4.3310, was recorded on October 15.
The announcement put the bank’s holding of its own shares at 33,609,346 after these purchases.
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