Bank of Cyprus Holdings (GB:BOCH) has released an update.
Bank of Cyprus Holdings PLC has actively conducted a share buyback, purchasing a total of 30,973 ordinary shares on the London and Cyprus Stock Exchanges, as part of its recently announced €25 million share repurchase program. These transactions, which took place on April 23, 2024, involved buying shares at prices ranging from £3.22 to £3.25 and €3.70 to €3.72, which will subsequently lead to the cancellation of the acquired shares. This move aims to enhance shareholder value and reflects the company’s financial strategy and confidence in its stock.
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