Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of May 31, 2025, “with each ordinary share carrying one vote.”
According to the announcement, “the company holds 4,593,842 ordinary shares as treasury shares, pending cancellation which shall take place at the end of the programme.”
It is noted that treasury shares do not carry voting rights, bringing the “total number of voting rights in the company” to 436,234,791.
“The above figure 436,234,791 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the company under the Irish Transparency Regulations 2007 (as amended) and the Irish Central Bank (Investment Market Conduct) Rules 2019,” it is stated.
The buyback programme, which was announced on February 18, 2025, aims to reduce the share capital of the company.
The company said that “the total number of shares repurchased under this programme as at May 31, 2025 is 4,593,842 ordinary shares at a weighted average price of €5.80 for a total consideration of €26,637,596.”
It is also stated that “approximately 89 per cent of the maximum total value of the share buyback programme has been completed.”
