New Share Buy-Back Programme | Eurobank
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New Share Buy-Back Programme

The Extraordinary General Meeting of EFG Eurobank Ergasias approved today a new share buy-back programme.

The Extraordinary General Meeting of EFG Eurobank Ergasias approved today a new share buy-back programme.
According to the programme, the Bank has the option to buy back up to 20.712.479 shares at a maximum price of € 27.09 (Grd. 9,231) per share. The above number of shares represents 7.06% of the share capital of the Bank. The programme will be executed within 12 months. It should be noted that, in accordance to the decision of a previous General Meeting, a programme for the buy-back of 8,645,000 shares at a maximum price of €27.09 (Grd. 9,231) per share is already into effect. These shares represent 2.94% of the Bank’s share capital.Taking into account today’s EGM decision, EFG Eurobank Ergasias has approved the buy-back of 10% of its shares in total, reaching the maximum amount specified by law.
Today’s EGM of EFG Eurobank Ergasias also approved the adjustment of the nominal value of the share to € 2.74, following its increase from Grd. 932 to Grd. 933.655, as well as the respective share capital increase, which was covered by capitalisation of the Share Premium reserves.