National Bank of Greece (ADR)(NYSE:NBG) shares plunged 33.89% to $1.58. The company, on May 20, said it would sell 2.27 billion new shares at a price of 4.29 euros ($5.50) each, as part of its recapitalisation plan.
National Bank of Greece (ADR)(NYSE:NBG) shares decreased 12.03% to $1.39. The company, on May 20, said it would sell 2.27 billion new shares at a price of 4.29 euros ($5.50) each, as part of its recapitalisation plan.
National Bank of Greece (ADR)(NYSE:NBG) shares dropped 5.70% to $1.49. The company, on May 20, said it would sell 2.27 billion new shares at a price of 4.29 euros ($5.50) each, as part of its recapitalisation plan.
They are National Bank of Greece (NBG), Piraeus Bank (Piraeus), Alpha Bank (Alpha) and Eurobank Ergasia (Eurobank). The Long-Term ... The International Depository Receipt (IDR) is known in the United States as the American Depository Receipt (ADR).
Greece's top four lenders, including the National Bank of Greece (ADR) (NYSE:NBG), need 27.5 billion euros to replenish their capital after severe losses incurred during the country's debt crisis.
National Bank of Greece (ADR)(NYSE:NBG) shares gained 4.92% to $1.28. The company, on April 29, approved a 9.75 billion euro ($12.7 billion) share offering, the bank's deputy chief executive Petros Christodoulou said.
National Bank of Greece (ADR) (NYSE:NBG) traded down by about 30.08% and is currently hovering around $1.68. The stock had its introductory price of $2.16 for the day as compared to its previous close of $2.39.
With that said, most investors remember the quick 200%-400% gains realized in shares of Bank of America Corp (NYSE:BAC) and Citigroup Inc (NYSE:C) following post-recession lows in 2009.
National Bank of Greece (ADR)(NYSE:NBG) shares gained 9.74% to $1.69. The company, on April 29, approved a 9.75 billion euro ($12.7 billion) share offering, the bank's deputy chief executive Petros Christodoulou said.
Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. To see all exchange delays, please see disclaimer.