Alpha Bank raises share capital to €654.35 million after employee stock option exercise

Athens, Greece. Alpha Bank has raised its share capital to €654.35 million after employees exercised stock options in September 2026, lifting the number of shares carrying votes to more than 2.25 billion.

Board approval and registration

The lender announced the update this week. Its board of directors approved the increase on September 30, and the General Commercial Register recorded it on October 13.

Source of the increase

The rise comes from the bank’s stock options plan. Eligible participants took up the options awarded to them during the exercise period in September 2026.

New capital structure

The bank’s capital now totals €654,351,248.35 and is divided into 2,256,383,615 ordinary shares. Each share has a nominal value of €0.29 and carries a vote. The shares are registered and dematerialised, which means they are held electronically instead of as paper certificates.

Purpose of the disclosure

Alpha Bank said the information is meant to help shareholders and holders of voting rights calculate the thresholds that trigger a duty to report purchases or sales of significant holdings. The duty arises under Greece’s market transparency legislation, Law 3556/2007.

The announcement was made under Article 9, paragraph 5, of that law. The provision obliges companies to publish changes in their capital and voting rights so that investors can determine whether their holdings cross the relevant reporting thresholds.