Cosmos Health Share Buyback Reaches 4.36 Million Shares; Continues Open Market Repurchases
Cosmos Health (NASDAQ:COSM) announced that it has repurchased an additional 215,000 common shares in the open market at an average price of approximately $0.325 per share.
Rhea-AI Summary
Cosmos Health (NASDAQ:COSM) announced that it has repurchased an additional 215,000 common shares in the open market at an average price of approximately $0.325 per share. This brings total repurchases under its share buyback program to 4,355,000 shares for approximately $901,000.
The previously announced program authorizes repurchases of up to $5 million and runs through December 31, 2026. According to Cosmos Health, repurchases may occur in the open market, via privately negotiated transactions, or other permitted methods, in line with SEC Rules 10b5-1 and 10b-18. The company intends to continue open market repurchases, subject to market conditions, and the program may be renewed at its sole discretion.
Positive
- Additional 215,000 shares repurchased at an average price of approximately $0.325 per share
- Total 4,355,000 shares repurchased to date for approximately $901,000
- Share repurchase authorization of up to $5 million valid through December 31, 2026
Negative
- None.
Details
Market reaction after share repurchase program update: COSM +5.36% in the Jul 13 session
In the Jul 13 session, COSM gained 5.36%, reflecting a notable positive market reaction. Argus tracked a peak move of +12.7% during that session. Argus tracked a trough of -8.6% from its starting point during tracking. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Additional shares repurchased
- 215,000 shares
- Latest open market repurchases
- Average repurchase price
- $0.325 per share
- Latest 215,000-share tranche
- Total shares repurchased
- 4,355,000 shares
- Cumulative under current program
- Total repurchase spend
- $901,000
- Cumulative under buyback program
- Buyback authorization
- $5,000,000
- Maximum size of share repurchase program
- Program expiry
- December 31, 2026
- Share repurchase program end date
Previous Buybacks Reports
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Announced buybacks totaling 4.14M shares under the up to $5M program.
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Reported total repurchases above 4.06M shares under the authorized program.
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Disclosed further buybacks taking cumulative repurchases to 3.87M shares.
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Preliminary record Q2 and H1 2026 revenue plus active $5M repurchase plan.
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Expanded buybacks to 3.64M shares within the $5M authorization.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
sec rules 10b5-1 regulatory
rule 10b-18 regulatory
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CHICAGO, July 13, 2026 (GLOBE NEWSWIRE) -- Cosmos Health Inc. ("Cosmos Health" or the “Company”) (NASDAQ:COSM), a diversified, vertically integrated global healthcare group, today announced that it has repurchased an additional 215,000 shares of its common stock in the open market at an average price of approximately
The Company has now repurchased a total of 4,355,000 shares for approximately
The Company intends to continue making open market repurchases, subject to market conditions, under the program, which expires on December 31, 2026, and may be renewed at the Company’s sole discretion.
Greg Siokas, CEO of Cosmos Health, stated: "Our continued repurchases reflect a firm conviction that Cosmos Health’s shares remain undervalued relative to the strength and long-term potential of our business.”
About Cosmos Health Inc.
Cosmos Health Inc. (Nasdaq:COSM), incorporated in 2009 in Nevada, is a diversified, vertically integrated global healthcare group. The Company owns a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life®, Mediterranation®, bio-bebe®, C-Sept® and C-Scrub®. Through its subsidiary Cana Laboratories S.A., licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), it manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. Cosmos Health also distributes a broad line of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the UK. Furthermore, the Company has established R&D partnerships targeting major health disorders such as obesity, diabetes, and cancer, enhanced by artificial intelligence drug repurposing technologies, and focuses on the R&D of novel patented nutraceuticals, specialized root extracts, proprietary complex generics, and innovative OTC products. Cosmos Health has also entered the telehealth space through the acquisition of ZipDoctor, Inc., based in Texas, USA. With a global distribution platform, the Company is currently expanding throughout Europe, Asia, and North America, and has offices and distribution centers in Thessaloniki and Athens, Greece, and in Harlow, UK. More information is available at www.cosmoshealthinc.com, www.skypremiumlife.com, www.cana.gr, www.zipdoctor.co, www.cloudscreen.gr, as well as LinkedIn and X.
Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” and similar expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could,” generally identify forward-looking statements, although not all forward-looking statements contain these words. These statements involve risks and uncertainties that may individually or materially affect the matters discussed herein for a variety of reasons outside the Company’s control, including, but not limited to: the Company’s ability to raise sufficient financing to implement its business plan; the effectiveness of its digital asset strategies, including accumulation and yield-generating activities; the impact of the war in Ukraine and ongoing conflicts in the Middle East and other regions on the Company’s business, operations, and the economy in general; the Company’s ability to successfully develop and commercialize its proprietary products and technologies; changes in interest rates; changes in foreign currency exchange rates, commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges and of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; guidance for fiscal 2026 and beyond and financial outlook. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described from time to time in our periodic reports filed with the SEC and available at the SEC’s website (www.sec.gov). There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.
Investor Relations Contact:
BDG Communications
cosm@bdgcommunications.com
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