Motor Oil’s Annual Ordinary General Meeting approved the early termination of the share buyback program today, Wednesday, a move that had been approved by the 2025 General Meeting. The company clarifies that it did not proceed with any share buybacks under this specific program, while the treasury shares it holds correspond to 1.95% of its share capital.
The announcement follows:
“MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announces that the Annual Ordinary General Meeting held on June 17, 2026, approved the early termination of the share buyback program that had been approved by the Annual Ordinary General Meeting held on June 18, 2025, and which provided for the purchase of up to 5,000,000 common registered shares of the Company during the period from July 1, 2025, to May 31, 2027, with a maximum purchase price of €34 per share and a minimum purchase price of €10 per share.
The Company has not purchased any of its own shares under this program.
The total number of treasury shares held by the Company amounts to 2,159,797, representing 1.95% of its share capital. The average acquisition price of the treasury shares is 19.386 euros per share.
Marousi, June 17, 2026”