Replies to post #1389 on National Bank of Greece ADR (fka NBGGY)

[Huggy Bear]

Agreed. Wait for recap price. Its coming.

[$hylo]

NBG..8:17 AM National Bank of Greece (NBG) tenders to repurchase its U.S.-listed ADS preference shares for $281M - $12.50 each, a 50% discount to face value. If all are tendered, it would boost Tier 1 capital by $228M. A dividend hasn't been paid on these pups since March 2011.