The National Bank of Greece has made significant strides in its share buyback programme, acquiring a considerable number of its own shares this week.
- The National Bank of Greece has made significant strides in its share buyback programme, acquiring a considerable number of its own shares this week.
- The European Central Bank's Single Supervisory Mechanism formally approved the share buyback operation on June 8, 2026, paving the way for the bank's recent activities.
- Additionally, the bank has confirmed plans to cancel these shares in line with the resolutions passed during the general meeting, marking another step towards optimising its capital structure.
This initiative is rooted in the decisions made during the ordinary general meeting of shareholders held on April 30, 2026. Following this meeting, the bank announced the commencement of the buyback programme’s first phase on June 12, 2026.
The European Central Bank’s Single Supervisory Mechanism formally approved the share buyback operation on June 8, 2026, paving the way for the bank’s recent activities.
From June 12 to June 19, 2026, the National Bank of Greece successfully purchased a total of 639,858 common shares. These transactions took place on the Euronext Athens exchange at a weighted average price of €15.3145 per share, culminating in a total expenditure of €9,799,136.63.
As a result of these recent acquisitions, the bank now holds a total of 17,641,792 own shares directly, which corresponds to 1.93 per cent of its total share capital. This sizeable holding reflects the bank’s commitment to enhancing shareholder value.
Additionally, the bank has confirmed plans to cancel these shares in line with the resolutions passed during the general meeting, marking another step towards optimising its capital structure.
