The Nasdaq-listed healthcare group said it has bought back about 4,588,000 shares under its up to $5 million program, which runs through December 31, 2026.
Cosmos Health Inc. said it repurchased an additional 100,000 common shares in the open market at an average price of about $0.2928 each. That lifted total buybacks under its previously announced share repurchase plan to approximately 4,588,000 shares for approximately $970,000, under a program authorizing up to $5 million. The company said it may continue repurchasing stock in the open market, through privately negotiated deals, or by other permitted means under SEC Rules 10b5-1 and 10b-18, with the current program set to expire on December 31, 2026 and eligible for renewal at the company’s sole discretion. CEO Greg Siokas said surpassing 4.5 million shares repurchased reflects the conviction behind the company’s share repurchase program.