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National Bank of Greece Acquires 465,000 Treasury Shares Under Buyback Programme

  • 1 day ago
  • 1 min read

The National Bank of Greece announced this week that it had successfully completed the purchase of 465,000 of its own shares during the period from May 14, 2026, through May 22, 2026, as part of its ongoing share buyback initiative.


National Bank of Greece Acquires 465,000 Treasury Shares Under Buyback Programme

According to the bank, the shares were acquired at a weighted average price of €13.8243 per share, bringing the overall value of the transactions to €6,428,301.


The lender issued the announcement in line with resolutions approved during the Annual General Meeting of Shareholders held on May 30, 2025. The transactions form part of the first phase of the bank’s share repurchase programme, which received formal authorization at that same meeting.


Implementation of the programme also followed approval granted by the Single Supervisory Mechanism of the European Central Bank on May 28, 2025, allowing the bank to proceed with the planned buyback activity.


Cyprus Company Formation

The National Bank of Greece confirmed that all of the shares were purchased through trading activity on the Athens Stock Exchange.


In accordance with the authority granted by shareholders during the General Meeting, the bank stated that it intends to cancel the repurchased shares at a later stage. The cancellation process will be carried out in compliance with the applicable legal framework and within the timelines established under Law 4548/2018.


Following the latest acquisitions, the bank now directly owns a total of 17,208,858 treasury shares.


These holdings currently represent 1.88 percent of the institution’s total share capital.

By fLEXI tEAM

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