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Bank of Cyprus Completes Share Buyback Phase

Bank of Cyprus Completes Share Buyback Phase

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

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Bank of Cyprus Holdings PLC has announced the purchase and subsequent cancellation of 71,900 of its own shares from the London and Cyprus Stock Exchanges as part of a €25 million share buyback program. The transactions, completed at varied prices with the highest being £4.10 and €4.88 on the respective exchanges, are detailed per EU market regulations. This move is part of the company’s ongoing efforts to manage its capital structure.

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

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