#Finland #share buyback #Helsinki #Nordea Bank

Nordea Bank Abp's Share Repurchase Overview

On April 16, 2026, Nordea Bank Abp completed a significant share buyback initiative, demonstrating its commitment to enhancing shareholder value through strategic financial actions. The bank repurchased a total of 416,891 shares, conducted across multiple trading venues, including XHEL, XSTO, and XCSE, at an average share price of €15.99. This totaled a considerable investment of €6,665,210.93.

Details of the Repurchase Program

The buyback program was originally announced on December 16, 2025, and was intended to use up to €500 million from the budget approved at the annual general meeting. This plan aligns with ongoing efforts to optimize the bank's capital structure while also returning value to shareholders.

The detailed transactions engaged involved the following shares:
XHEL: 229,488 shares at €15.98 each, amounting to €3,666,828.11
XSTO: 166,586 shares at €16.00 each, costing €2,665,826.43
* XCSE: 20,817 shares at €15.98 each, totaling €332,556.39

Given the currency fluctuations, the exchange rate utilized was SEK to EUR 10.7992, and DKK to EUR 7.4731 for the calculations.

Strategic Importance

This repurchase is part of Nordea's broader strategy to maintain a robust capital position while providing returns to its investors. By repurchasing shares, the bank decreases the available shares on the market, potentially increasing earnings per share and enhancing the overall market perception of the company.

Post-repurchase, Nordea Bank holds 8,094,453 treasury shares aimed at capital optimization and 9,045,443 treasury shares dedicated to remuneration purposes.

As indicated by Ilkka Ottoila, the head of Investor Relations, this move showcases the bank's ongoing efforts to adapt to fluctuating market conditions while also ensuring that stakeholders understand the value being generated through these strategic investments.

Compliance and Transparency

The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council, ensuring all actions taken by the bank adhere to strict regulatory frameworks governing equity buybacks.

The full disclosure of the transactions associated with this share repurchase program is available as an appendix within the announcement, reinforcing the commitment to transparency that Nordea Bank upholds in its corporate governance practices.

In conclusion, the successful execution of this share buyback program on April 16 not only reflects Nordea Bank Abp's strong financial health but also reinforces its commitment to delivering sustained value to its shareholders. As the financial landscape continues to evolve, stakeholders can remain confident in the bank's strategic direction and operational integrity.