share buyback — The National Bank of Greece has successfully completed a buyback of 465,000 of its own shares, marking a notable step in its financial strategy.
- share buyback — The National Bank of Greece has successfully completed a buyback of 465,000 of its own shares, marking a notable step in its financial strategy.
This acquisition took place between May 14, 2026, and May 22, 2026, at a weighted average price of €13.8243 per share. The total expenditure for this transaction reached €6,428,301. This update was shared in line with the decisions made during the Annual General Meeting of Shareholders held on May 30, 2025.
Share buyback: Strategic Buyback Initiative
The recent buyback is part of the first phase of a share repurchase programme that received formal approval from the same General Meeting. The initiative underscores the bank’s commitment to enhancing shareholder value and optimising its capital structure.
Regulatory Compliance
The implementation of this buyback programme proceeded after receiving specific approval from the Single Supervisory Mechanism of the European Central Bank (ECB) on May 28, 2025. This regulatory endorsement ensures that the bank adheres to necessary financial guidelines during its share repurchase efforts.
Market Activity and Future Plans
The shares were acquired while trading on the Athens Stock Exchange, reflecting the bank’s active participation in the market. In accordance with the mandates established at the General Meeting, the National Bank of Greece plans to cancel these own shares in the future, following the legal provisions set out by Law 4548/2018.
Current Shareholding Position
After these recent transactions, the bank’s total direct holdings of its own shares have increased to 17,208,858. This amount represents approximately 1.88 per cent of the institution’s total share capital, highlighting a significant internal ownership stake.
