UK Markets open in 1 hr 59 mins

Nordea repurchases shares in accelerated bookbuild

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Nordea Bank Abp / Key word(s): Share Buyback
Nordea repurchases shares in accelerated bookbuild
29.04.2022 / 13:15

Nordea repurchases shares in accelerated bookbuild

Nordea Bank Abp
Stock exchange release - Changes in company's own shares
29 April 2022 at 13.00 EET

Nordea Bank Abp has through its broker Morgan Stanley Europe SE repurchased 40 million own shares (FI4000297767) in the accelerated bookbuild first announced by Sampo plc on 28 April 2022. Nordea's broker carried out the repurchase of the shares on Nordea's behalf as part of the share buy-backs that started on 16 March 2022. The price per share was EUR 9.20 and the total acquisition price amounts to approximately EUR 368 million.

On 14 March 2022, Nordea announced share buy-backs of up to a maximum of EUR 1,002 million based on the authorisation granted by Nordea's Annual General Meeting on 24 March 2021. The shares are repurchased otherwise than in proportion to the existing shareholdings of the Company's shareholders (directed repurchases) in public trading or outside public trading.

After the disclosed transaction, Nordea holds 48,266,831 treasury shares for capital optimisation purposes and 6,075,662 treasury shares for remuneration purposes.

For further information:

Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
Group Communication, +358 10 416 8023 or press@nordea.com

The information provided in this stock exchange release was submitted for publication, through the agency of the contact persons set out above, at 13.00 EET on 29 April 2022.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

 


End of Media Release

Language:

English

Company:

Nordea Bank Abp

Smålandsgatan 17

105 71 Stockholm

Sweden

ISIN:

FI4000297767

Valor:

A2N6F4

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart; SIX Swiss Exchange

EQS News ID:

1339927


 

End of News

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting