DNB Bank ASA shall buy back up to 1.0 percent of the company’s own shares
The Board of Directors of DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 15,426,132 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 25 April 2023. The Financial Supervisory Authority of Norway has approved the buy-back programme, on the condition that the total buy-backs do not reduce the company’s own funds by more than NOK 3.3 billion. The purpose of the buy-back programme is to optimise the company’s capital structure,