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.
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.
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