Cosmos Health repurchased 770,000 shares, totaling 3.42 million under a $5 million buyback program, citing stock value attractiveness.
Quiver AI Summary
Cosmos Health Inc. announced the repurchase of an additional 770,000 shares of its common stock at an average price of about $0.1956 per share, as part of its share repurchase program, which has now totaled 3,420,000 shares for approximately $650,000. The company plans to continue buying back shares as market conditions allow, under a program that expires on December 31, 2026, which may be renewed at its discretion. CEO Greg Siokas expressed that the share buyback reflects the company's belief in the value of its stock relative to its intrinsic worth, viewing it as a beneficial use of capital for shareholders. Cosmos Health is a global healthcare group involved in pharmaceuticals and nutraceuticals, and is expanding through various partnerships and acquisitions, including entry into telehealth.
Potential Positives
- The company has successfully repurchased 3,420,000 shares at an average price reflecting confidence in its intrinsic value, signaling strong financial health.
- Extending the share repurchase program up to $5 million demonstrates the company's commitment to returning capital to shareholders, which can enhance shareholder value.
- Cosmos Health has diversified operations in pharmaceuticals, nutraceuticals, and telehealth, indicating a comprehensive approach to the healthcare market and potential for growth.
- The company's strategic international expansion, evidenced by its operations in Europe, Asia, and North America, positions it to capitalize on global healthcare opportunities.
Potential Negatives
- The company has only repurchased a small fraction of the authorized $5 million share repurchase program, indicating potential concerns about its stock price or overall market confidence.
- The forward-looking statements highlight multiple significant risks including potential financing challenges and the impact of geopolitical issues, which could adversely affect the company's business operations.
- The reliance on stock buybacks as a means to enhance shareholder value may raise concerns about the company's ability to invest in growth or innovation, especially in a competitive healthcare market.
FAQ
What recent stock buyback activity did Cosmos Health announce?
Cosmos Health repurchased an additional 770,000 shares at an average price of approximately $0.1956 per share.
How many total shares has Cosmos Health repurchased?
The company has repurchased a total of 3,420,000 shares under its share repurchase program.
What is the value of the share repurchase program?
The share repurchase program is valued at up to $5 million.
When is the expiration date for the repurchase program?
The repurchase program is set to expire on December 31, 2026.
Who is the CEO of Cosmos Health and what did they say about the buyback?
CEO Greg Siokas stated that the stock repurchase reflects the company's belief in its intrinsic value.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COSM Insider Trading Activity
$COSM insiders have traded $COSM stock on the open market 12 times in the past 6 months. Of those trades, 12 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $COSM stock by insiders over the last 6 months:
- GRIGORIOS SIOKAS (Chief Executive Officer) has made 11 purchases buying 3,065,037 shares for an estimated $1,184,999 and 0 sales.
- GEORGIOS TERZIS (Chief Financial Officer) purchased 168,135 shares for an estimated $42,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$COSM Revenue
$COSM had revenues of $19.7M in Q4 2025. This is an increase of 38.52% from the same period in the prior year.
You can track COSM financials on Quiver Quantitative's COSM stock page.
You can access data on COSM stock through the Quiver Quantitative API.
$COSM Hedge Fund Activity
We have seen 8 institutional investors add shares of $COSM stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 119,427 shares (+60.1%) to their portfolio in Q1 2026, for an estimated $37,882
- CITADEL ADVISORS LLC removed 82,850 shares (-67.3%) from their portfolio in Q1 2026, for an estimated $26,280
- XTX TOPCO LTD removed 59,133 shares (-59.4%) from their portfolio in Q1 2026, for an estimated $18,756
- RENAISSANCE TECHNOLOGIES LLC added 55,925 shares (+16.7%) to their portfolio in Q1 2026, for an estimated $17,739
- HRT FINANCIAL LP added 41,619 shares (+162.2%) to their portfolio in Q1 2026, for an estimated $13,201
- TWO SIGMA SECURITIES, LLC removed 36,290 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,511
- VIRTU FINANCIAL LLC removed 10,666 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,383
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
CHICAGO, July 02, 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 770,000 shares of its common stock in the open market at an average price of approximately $0.1956 per share, extending the buyback activity it began this week.
The Company has now repurchased a total of 3,420,000 shares for approximately $650,000 under its previously announced share repurchase program of up to $5 million. Under the program, Cosmos Health may buy back shares from time to time in the open market, through privately negotiated transactions, or through other permitted means, in accordance with SEC Rules 10b5-1 and 10b-18 and other applicable restrictions.
The Company intends to continue making open market purchases, 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: "The steady expansion of our repurchase activity reflects how compelling we find today's share price relative to the intrinsic value of our diversified global platform. We view repurchasing our stock as an attractive use of capital on behalf of our shareholders, and we intend to keep acting on that conviction.”
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
[email protected]