BNB granted authorization to Fibank to repurchase up to 5 610 000 shares

13.10.2026 Source: Fibank; FFBH

Fibank announced that it has received authorisation by the Bulgarian National Bank (BNB) to repurchase up to 5 610 000 ordinary shares, out of which up to 4 517 224 in 2026 and up to 1 092 776 in 2027. The authorisation is valid for one year from the date of entry into force of the decision of the BNB. Recall that repurchase of shares was approved at the Bank’s Extraordinary General Shareholders’ Meeting held on 5 December 2025. The repurchase of shares consists of two separate buyback programs. The first one is for up to 1 142 040 shares (0.766% of capital) at a minimum price of EUR 0.51 per share and a maximum equal to their balance value. The shares repurchased under this program are intended to be used for bonuses for three members of the Supervisory Board. The additional buyback program would be for up to 4 467 960 shares (3% of capital) under the same pricing conditions. The two buyback programs combined could not exceed 3% of the bank’s capital per calendar year. The treasury shares acquired under the additional program would subsequently be cancelled to offset the dilution resulting from the issuance of new shares, part of the bonus arrangements for the three Supervisory Board members.