BuybackJul 6, 2026, 02:31 PM
Cosmos Health Repurchases Additional 220,000 Shares
AI Summary
Cosmos Health Inc. announced an additional repurchase of 220,000 shares of its common stock at an average price of approximately $0.2229 per share. This brings the total repurchased under its ongoing program to 3,640,000 shares for about $700,000. The company's share repurchase program is authorized for up to $5 million and is set to expire on December 31, 2026, with potential for renewal. CEO Greg Siokas stated that the repurchases reflect the company's belief that its shares are undervalued.
Key Highlights
- Repurchased an additional 220,000 shares of common stock.
- Average repurchase price of approximately $0.2229 per share.
- Total 3,640,000 shares repurchased under the program.
- Total cost of repurchases approximately $700,000.
- Share repurchase program authorized for up to $5 million.
- Program expires on December 31, 2026.
Price Impact
More from COSM