Eurobank Acquires Additional Shares in Hellenic Bank
Eurobank's Stake in Hellenic Bank Reaches 55.3% Following Latest Purchase
Eurobank A.E. announced that on June 4, 2024, it purchased 31,959 shares of Hellenic Bank Public Company Ltd from investment funds managed by Senvest Management LLC, at a price of €2.56 per share, for a total amount of approximately €81.8 thousand.
In the announcement, Eurobank, a subsidiary of Eurobank Ergasias Services and Holdings S.A., stated that after this acquisition, it now directly holds 228,285,620 shares, representing 55.30% of the total issued share capital and voting rights of Hellenic Bank.
Yesterday, Eurobank had announced that on June 3, 2024, following the receipt of the necessary regulatory approvals, it purchased a total stake of 26.1% (107,694,301 shares) in Hellenic Bank, for a total amount of approximately €275.7 million, or €2.56 per share. The bank noted that after the transaction, it directly held 228,253,661 shares, representing 55.3% of Hellenic Bank's total issued share capital.