Breaking news

Eurobank Begins €288 Million Share Buyback Programme

Programme Overview And Financial Parameters

Eurobank S.A. has announced the launch of a share buyback programme after receiving the required regulatory approvals. The programme was approved by shareholders at the bank’s annual general meeting on April 28, 2026, and subsequently authorised by the European Central Bank on June 8, 2026. Under the plan, Eurobank may acquire up to 363,151,080 shares, representing 10% of its paid-up share capital. The authorised purchase price ranges from a minimum of €0.22 to a maximum of €10.00 per share, with total expenditure capped at €288 million.

Expert Management And Regulatory Compliance

Eurobank has appointed Eurobank Equities Investment Firm Single Member Societe Anonyme, a member of Euronext Athens, to manage the programme. The firm will execute transactions independently in accordance with applicable European Union regulations governing market abuse and trading transparency. Details of transactions will be disclosed to regulators and the market in line with legal reporting requirements.

Implementation Timeline

The share buyback programme may run for up to 12 months and is scheduled to conclude on June 8, 2027. According to the bank, the programme forms part of its capital management strategy following the completion of the required approval process.


A New Twitter-Inspired Social Network Is Taking Shape

A new social network called Twitter.now is entering the market, with a founding team that includes former Twitter trademark counsel Stephen Coates. The service is being developed by startup Operation Bluebird.

As Ars Technica reported, X sued the company last year and asked a Delaware judge to block the launch. Operation Bluebird argued in a petition that X had abandoned trademarks including “Twitter” and “Tweet.”

Coates has said the project is not an attempt to recreate the original Twitter. In a LinkedIn post, he described the platform as a new public space focused on trust, transparency and user choice.

AI System To Rate Posts

Twitter.now is currently being tested, with early access priced at $20. Its main feature is VERA, an AI system designed to evaluate posts, verify claims and provide sources and context.

Posts receive a trust score, with users eventually able to set a minimum score to filter their feeds. The company says this approach will give people more control over what they see instead of leaving those decisions entirely to an algorithm.

Moderation Remains A Challenge

Scaling moderation will be one of the platform’s biggest tests. Social networks have repeatedly struggled with content moderation as their communities grow, and newer platforms such as Bluesky have faced similar criticism.

Operation Bluebird says VERA will form the basis of its moderation and verification system. A second version is already planned, with expanded tools that would let users set a specific trust threshold for the posts appearing in their feeds.

For now, Twitter.now remains in an early testing phase, combining the familiarity of the Twitter name with an AI-driven approach to evaluating online information.

eCredo
Aretilaw firm
The Future Forbes Realty Global Properties
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter