The Greek Deal.com
Eurobank buys back 1.4% stake from HFSF for 93.7m euros | TheGreekDeal.com
Eurobank-HFSF
Eurobank buys back 1.4% stake from HFSF for 93.7m euros
Eurobank announces the acquisition of all its issued shares held by HFSF for a total consideration of 93.7 million euros. The lender bought back some 52 million common shares.
TIME TO READ
Less than 1 min

Eurobank announced the acquisition of all its issued shares held by Hellenic Financial Stability Fund at a price of 1.80 euros per share and a total consideration of 93.7 million euros. 

Eurobank bought back 1.4% stake which corresponded to some 52 million common shares. 

"The successful buy-back of HFSF's full participation in Eurobank is a milestone for the Bank, the banking system and the Greek economy. Eurobank becomes the first systemic bank without State participation in its share capital,” Eurobank CEO Fokion Karavias said in a statement. 

 

 

READ ALSO
Started November positively
Buyers at the helm
Trying to recover the losses
4.8% dip in October