Cosmos Health Repurchases Over 4 Million Shares
Cosmos Health Inc. has repurchased 4.14 million shares of its common stock as part of a $5 million buyback program targeting undervalued company shares.
Cosmos Health Inc. repurchased 4,140,000 shares of its common stock between July 7 and July 9, 2026, spending approximately $831,000. The buybacks are part of a $5 million repurchase program conducted under SEC Rules 10b5-1 and 10b-18, which is scheduled to expire on December 31, 2026.
On July 7, the company bought 230,000 shares at an average price of $0.2539. This was followed by the purchase of 190,000 shares on July 8 at an average price of $0.2805, and a final 80,000 shares on July 9 at an average price of $0.2503.
CEO Greg Siokas stated that the repurchases reflect a belief that the market continues to undervalue the company's business trajectory, platform strength, and intrinsic value. He characterized the program as a commitment to long-term shareholder value.