Nordea Bank Abp Completes Share Buy-Back on March 30, 2026
On March 30, 2026, at 22:30 EET, Nordea Bank Abp announced the successful completion of its share repurchase program, reinforcing its commitment to shareholder value and capital optimization. The announcement highlights the following key details of the transactions:
Overview of the Share Repurchase
Nordea Bank Abp, identified by LEI: 529900ODI3047E2LIV03, engaged in repurchasing a total of
460,945 shares during this trading period. The repurchased shares were bought on three trading venues, showcasing a robust market presence:
- - XHEL: 253,817 shares at an average price of €14.45, totaling approximately €3,666,818.05.
- - XSTO: 184,119 shares at €14.48, amounting to around €2,665,812.15.
- - XCSE: 23,009 shares at €14.45, for a total of €332,518.29.
This strategic purchase brings the bank’s total capital spent on share repurchases to
€6,665,148.50.
Background of the Buy-Back Program
The repurchase initiative aligns with Nordea's previously announced plan on December 16, 2025, where the bank sought to buy back shares up to a maximum limit of
€500 million. This program was sanctioned by the Annual General Meeting in 2025, reflecting Nordea's proactive approach to enhance shareholder returns and manage its capital structure effectively.
The execution of share buybacks adheres strictly to Regulation No. 596/2014 of the European Parliament and Council, ensuring transparency and compliance in the share repurchase transactions.
Treasury Shares Post-Transaction
Following the completion of these transactions, Nordea Bank now holds a total of:
- - 3,394,798 treasury shares set aside for capital optimization.
- - 9,045,443 treasury shares allocated for remuneration purposes.
This careful management of treasury shares signifies Nordea's strategic planning in aligning capital structure with its long-term business goals.
Final Remarks
In light of these developments, Ilkka Ottoila, Head of Investor Relations at Nordea, emphasized the importance of maintaining a balanced approach to capital management. He stated that the bank is committed to creating long-term value for its shareholders while navigating the complexities of the financial landscape.
For additional details regarding this announcement or other inquiries, media representatives can contact the Nordea Investor Relations team or utilize the provided media contact channels. The commitment to transparency remains paramount as Nordea navigates its growth trajectory in the financial services sector.
For further inquiries, please reach out via Nordea’s Investor Relations or media contact channels.