Cosmos Health buyback reaches 3.87M shares under $5M program

Cosmos Health Inc. (NASDAQ: COSM) announced it has repurchased an additional 230,000 shares of its common stock in the open market at an average price of approximately $0.2539 per share, according to a press release.

The company has now repurchased a total of 3,870,000 shares for approximately $758,000 under its share repurchase program, which authorizes buybacks of up to $5 million. Repurchases may be conducted in the open market, through privately negotiated transactions, or through other permitted means, in accordance with SEC Rules 10b5-1 and 10b-18.

The program is set to expire on December 31, 2026, and may be renewed at the company's discretion. Cosmos Health said it intends to continue making open market repurchases subject to market conditions.

CEO Greg Siokas said: "We are continuing to repurchase our shares with discipline and conviction, reflecting our belief that the market continues to undervalue the strength of our platform and the trajectory of our business."

Cosmos Health is a healthcare company with operations in Greece, the United Kingdom, and the United States.

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