on Nordea Bank Abp (isin : CH0284415681)
Nordea Bank Abp announces a share buyback operation
On February 20, 2024, Nordea Bank Abp completed the repurchase of its own shares, as announced in a press release regarding changes to its own shares. The bank, with the LEI code 529900ODI3047E2LIV03, conducted this buyback on multiple stock exchanges, involving a total of 579,473 shares at the weighted average price of 11.14 EUR per share, totaling 6,454,533.15 EUR in cost.
This share buyback is part of a program announced on April 26, 2023, authorized by the 2023 Annual General Meeting, allowing share repurchases up to a limit of 1.0 billion EUR. These transactions aim to optimize the bank's capital and allocate shares for remuneration. Following these operations, Nordea holds 15,321,750 own shares for capital optimization and 4,787,315 shares for remuneration purposes.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Nordea Bank Abp news