The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme.
According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the company purchased a total of 121,281 ordinary shares between June 13, 2025, and June 16, 2025, with a nominal value of €0.10 each.
The transactions were carried out on both the Cyprus Stock Exchange and the Main Market of the Regulated Securities Market of the Athens Stock Exchange.
All purchases were executed through the company’s broker, the Cyprus Investment and Securities Corporation Limited.
On the Cyprus Stock Exchange, 27,300 shares were acquired, while another 93,981 shares were purchased on the Athens Stock Exchange.
The highest price paid per share was €6.32 on the Cyprus Stock Exchange and €6.34 on the Athens Stock Exchange.
At the same time, the lowest price paid per share was €6.08 on both exchanges.
Moreover, the volume-weighted average price was €6.19 on the Cyprus Stock Exchange and €6.23 on the Athens Stock Exchange.
The bank confirmed that all 121,281 shares acquired during this period will be cancelled.
These latest purchases form part of the company’s broader buyback initiative, which aimed to repurchase up to €30 million worth of shares, as originally announced on February 18, 2025.
With these transactions, the bank explained, the buyback programme has now been completed.
Since its launch, the company has repurchased a total of 5,142,602 shares for cancellation.
The volume-weighted average price across the entire programme was €5.83. The total amount spent on the buyback reached €30 million.
The bank made its penultimate share repurchase last week, where 182,149 were acquired under the same, now-concluded programme.
These earlier transactions took place between June 6, 2025, and June 10, 2025. During that period, the highest price paid per share was €6.32, while the lowest was €6.06. All shares acquired in that period were likewise cancelled.
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