StockWatch
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Other Pharmaceuticals
BuybackJul 8, 2026, 03:41 PM

Cosmos Health Repurchases 190,000 Shares; Total 4.06M

AI Summary

Cosmos Health Inc. announced it has repurchased an additional 190,000 shares of its common stock at an average price of approximately $0.2805 per share. This brings the total shares repurchased under its program to 4,060,000 for approximately $811,000. The company intends to continue open market repurchases under the program, which is authorized for up to $5 million and expires on December 31, 2026. CEO Greg Siokas stated that the repurchases reflect the company's conviction that its stock is undervalued.

Key Highlights

  • Repurchased an additional 190,000 shares of common stock.
  • Average repurchase price was approximately $0.2805 per share.
  • Total shares repurchased to date are 4,060,000.
  • Total value of repurchases to date is approximately $811,000.
  • The share repurchase program is for up to $5 million and expires on December 31, 2026.