Nordea Bank Abp: Repurchase of own shares on 24.08.2022 and technical correction to earlier releases
Nordea Bank Abp
Stock exchange release – Changes in company’s own shares
24.08.2022 at 22.30 EET
Nordea Bank Abp (LEI: 529900ODI3047E2LIV03) has on 24.08.2022 completed repurchases of own shares (ISIN: FI4000297767) as follows:
|
Trading venue (MIC Code) |
Number of shares |
Weighted average price / share, EUR* ** |
Total cost, EUR* ** |
|---|---|---|---|
|
XHEL |
313,265 |
9.51 |
2,980,309.23 |
|
CEUX |
303,397 |
9.52 |
2,888,596.61 |
|
TQEX |
0 |
- |
0.00 |
|
XSTO |
337,323 |
9.53 |
3,214,068.42 |
|
XCSE |
41,889 |
9.51 |
398,538.57 |
|
Total |
995,874 |
9.52 |
9,481,512.83 |
* FX rate used: SEK to EUR 10.5725 and DKK to EUR 7.4374
** Rounded to two decimals
On 18 July 2022, Nordea announced a share buy-back programme of up to a maximum of EUR 1.5bn based on the authorisation granted by Nordea’s Annual General Meeting 2022. The repurchase of own shares is executed in public trading in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052.
After the disclosed transactions, Nordea holds 4,919,575 treasury shares for capital optimisation purposes and 6,073,651 treasury shares for remuneration purposes.
Details of each transaction are included as an appendix to this announcement.
Technical correction to earlier releases
Daily stock exchange releases on completed repurchases of own shares have been published during Nordea’s share buy-back programme. Because of a data quality and configuration issue at Nordea’s third-party broker, certain transaction information contained technical errors in relation to the market identifier code (MIC) of the trading venue Turquoise during the period from 20 July 2022 to 11 August 2022. Corrected details of each transaction during the period are included as an appendix to this announcement.
On behalf of Nordea Bank Abp,
Citigroup Global Markets Europe AG
For further information:
Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
Group Communication, +358 10 416 8023 or press@nordea.com