Nordnet initiates share buyback program
The Board of Nordnet AB (publ) (”Nordnet”) has resolved to utilize the authorization by the Annual General Meeting on 29 April 2024 to repurchase own shares. The purpose of the repurchase is to return capital to shareholders and optimize the capital structure.Repurchases may commence on 24 September 2024 and will end on 21 March 2025. The share repurchases will be executed by Citigroup who will make decisions regarding timing of repurchases independently of, and without influence by, Nordnet. The share repurchase program will during this period amount to a maximum of SEK 500 million.