Cosmos Health Repurchases Additional 220K Shares At Average Price Of ~$0.2229/Share As Part Of Its Previously Announced Repurchase Program
Cosmos Health Inc COSM | 0.00 |
Cosmos Health Inc. ("Cosmos Health" or the "Company") (NASDAQ:COSM), a diversified, vertically integrated global healthcare group, today announced that it has repurchased an additional 220,000 shares of its common stock in the open market at an average price of approximately $0.2229 per share, continuing the buyback activity carried out under its ongoing repurchase program.
The Company has now repurchased a total of 3,640,000 shares for approximately $700,000 under its previously announced share repurchase program of up to $5 million. Under the program, Cosmos Health may buy back shares from time to time in the open market, through privately negotiated transactions, or through other permitted means, in accordance with SEC Rules 10b5-1 and 10b-18 and other applicable restrictions.
The Company intends to continue making open market purchases, subject to market conditions, under the program, which expires on December 31, 2026, and may be renewed at the Company's sole discretion.
