Allegro announces second phase of PLN 800 mln share buyback
Allegro has announced the second phase of its share buyback program, allocating up to PLN 800 mln, excluding brokerage commissions. Purchases are scheduled to begin on September 23, 2026, and end no later than June 25, 2027. The company may acquire up to 42.1 mln shares at a maximum price of PLN 50 each, subject to the overall spending limit. Repurchased shares will be canceled, reducing the company’s share capital. Erste Bank Polska’s brokerage unit will execute the program and independently determine purchase timing.
Allegro announced the completion of the first phase on September 21, having purchased 17.88 mln shares, representing 1.76% of share capital, for PLN 800 mln.