Bank of Cyprus Holdings (GB:BOCH) has released an update.
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Bank of Cyprus Holdings PLC has informed the public of its recent share buyback activity, purchasing a total of 77,400 shares from both the London and Cyprus Stock Exchanges, which will subsequently be cancelled. This move is part of a larger share buyback program, initially announced in April, which aims to repurchase up to €25 million worth of shares. The buyback is seen as a step towards optimizing the company’s capital structure and delivering added value to shareholders.
For further insights into GB:BOCH stock, check out TipRanks’ Stock Analysis page.
