BuybackJul 1, 2026, 11:06 AM
Cosmos Health Repurchases 2.65M Shares for $500K
AI Summary
Cosmos Health Inc. announced it has repurchased 2,650,000 shares of its common stock for $500,000 in the open market, at an average price of approximately $0.1887 per share. This action was taken under the previously announced $5 million share repurchase program, which expires on December 31, 2026. CEO Greg Siokas stated the company believes its shares are significantly undervalued and intends to continue active open market purchases.
Key Highlights
- Cosmos Health repurchased 2,650,000 shares of common stock.
- The total cost of the repurchase was $500,000.
- The average price per share was approximately $0.1887.
- Repurchases were made under a $5 million share repurchase program announced on June 30, 2026.
- The program expires on December 31, 2026, and may be renewed.
Price Impact
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