Greek banks Eurobank and Alpha Bank announce share allocation programs for staff

Eurobank has launched a five-year share allocation program for management and employees, effective from 2026, based on decisions made on April 28 and 29, 2026. The bank will allocate up to 36.4 million ordinary registered shares, representing 1% of its paid-up share capital. This initiative is designed as a mechanism for variable remuneration under existing policies rather than a standalone scheme. Separately, Alpha Bank announced the distribution of 4,209,501 treasury shares to 1,260 beneficiaries under its 2025 Combined Bonus Plan, approved by the board on May 27, 2026. These shares were sourced from a buyback program authorized on June 12, 2025. Furthermore, Alpha Bank shareholders will vote on a broader reward package, including 21 million euros in bonuses, a final dividend of 0.065 euros per share, and the cancellation of 59 million treasury shares. The bank also plans a new buyback program for up to 205 million shares with a budget of 297.39 million euros.