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Nordea Bank Abp / Key word(s): Share Buyback
ECB approves Nordea's share buy-back application
Nordea Bank Abp
Nordea has received approval from the European Central Bank (ECB) for further share buy-backs of EUR 1.5bn.
Nordea's application to further repurchase up to EUR 1.5bn of its own shares has been approved by the ECB. A share buy-back programme is expected to be initiated after the release of the half-year results 2022, which are published on 18 July. A share buy-back programme of EUR 1.5bn would correspond to a reduction of 95bp in the Group CET1 ratio.
Nordea is implementing an efficient capital structure and will continue to distribute excess capital to shareholders in the future in line with its capital and dividend policy.
For further information:
Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
The information provided in this stock exchange release was submitted for publication, through the agency of the contacts set out above, at 14:30 EET on 8 July 2022.
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Nordea Bank Abp
105 71 Stockholm
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart; SIX Swiss Exchange
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