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Bank of Cyprus Executes Share Buyback Plan

Bank of Cyprus Executes Share Buyback Plan

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

Bank of Cyprus Holdings PLC has announced the repurchase and subsequent cancellation of 62,489 of its ordinary shares, as part of a €25 million share buyback program. The shares were acquired through transactions on both the London and Cyprus Stock Exchanges at prices ranging from £3.86 to £3.94 and €4.77 to €4.78 respectively. This move aligns with the company’s strategy to enhance shareholder value as outlined in their buyback program initiated earlier in the year.

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

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