Bank of Cyprus Advances Share Buyback Plan

Bank of Cyprus Holdings (GB:BOCH) has released an update.

Bank of Cyprus Holdings PLC has announced the buyback of 32,466 of its own shares from the London and Cyprus Stock Exchanges on August 27, 2024, as part of its ongoing share repurchase program valued at up to €25 million. This strategic move, involving shares priced between £4.00 and £4.03 in London and a flat rate of €4.71 in Cyprus, will result in the cancellation of the acquired shares. The bank’s broader financial services include retail, commercial banking, and insurance, with substantial assets and equity reported by mid-2024.

For further insights into GB:BOCH stock, check out TipRanks’ Stock Analysis page.