Cosmos Health Inc. repurchased 274,000 shares, totaling 5.1 million, under its $5 million buyback program.
Quiver AI Summary
Cosmos Health Inc., a global healthcare company, announced the repurchase of an additional 274,000 shares of its common stock at an average price of approximately $0.2554 per share, bringing the total repurchased shares to 5,112,000 for around $1.11 million as part of a $5 million share repurchase program. The program allows for ongoing repurchases in the open market or through other negotiated means until its expiration on December 31, 2026. CEO Greg Siokas emphasized the company's commitment to the program, highlighting that the repurchases reflect their belief that the shares are undervalued given the company's strengths and potential. Cosmos Health, incorporated in 2009, operates with a focus on proprietary pharmaceutical and nutraceutical brands while also expanding into telehealth services.
Potential Positives
- The company has successfully repurchased a total of 5,112,000 shares of its common stock, demonstrating strong commitment to enhancing shareholder value.
- The share repurchase program totals up to $5 million, indicating the company's robust financial position and intention to return capital to shareholders.
- CEO Greg Siok's statement emphasizes the management's belief that the company's shares are undervalued, which could bolster investor confidence.
- The continuation of open market repurchases underlines the company's proactive approach to managing its capital structure and supporting its stock price.
Potential Negatives
- The company has only utilized a portion of its $5 million share repurchase program, which may raise concerns about the overall financial health or performance of the company given the need for such a program.
- The statement about shares being "undervalued" relative to the company's potential may imply a lack of confidence in current market valuation or investor perception.
- Forward-looking statements contain significant risks and uncertainties, indicating potential challenges that may affect the company's future performance and operations.
FAQ
What recent share repurchase activity has Cosmos Health engaged in?
Cosmos Health has repurchased an additional 274,000 shares, totaling 5,112,000 shares under a $5 million program.
What is the average price per share for the recent repurchase?
The average price per share for the recent repurchase is approximately $0.2554.
How long will the share repurchase program last?
The share repurchase program is set to expire on December 31, 2026, but may be renewed at the Company's discretion.
What are the reasons behind Cosmos Health's share repurchase program?
The program reflects Cosmos Health's belief that its shares remain undervalued relative to the business's strength and potential.
What types of products does Cosmos Health manufacture?
Cosmos Health manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices under EU manufacturing standards.
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 7 times in the past 6 months. Of those trades, 7 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 6 purchases buying 2,043,334 shares for an estimated $690,000 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 $17.9M in Q1 2026. This is an increase of 30.74% 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 17, 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 274,000 shares of its common stock in the open market at an average price of approximately $0.2554 per share.
The Company has now repurchased a total of 5,112,000 shares for approximately $1.11 million under its previously announced share repurchase program of up to $5 million. Under the program, Cosmos Health may repurchase 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 rules and regulations.
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: "Reaching over five million shares repurchased underscores our continued commitment to the program and our belief that the Company’s shares remain undervalued relative to the strength and 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
[email protected]