The buyback program for OPAP’s own shareholders is projected to cost the company more than 11 billion crowns, affecting its financial positioning.
OPAP is set to undertake a significant buyback of its own shareholders, which will amount to an expenditure of over 11 billion crowns. This decision could have substantial implications for the company’s financial health as it seeks to strengthen its ownership structure. While such measures can bolster shareholder confidence and stabilize the stock price in the short term, the substantial outflow of cash might limit other investment opportunities.