Swedbank has completed acquisition of own shares
On 6 February 2025, Swedbank announced that the Board of Directors had resolved on a share buyback of a maximum of 2,300,000 own shares to ensure delivery of shares to participants in Swedbank's performance- and share-based compensation programs ("Eken 2024" and "IP 2024").
The repurchases of shares began on 6 February 2025 and ended on 14 February 2025.
Shares (ISIN: SE0000242455) in Swedbank (LEI-code: M312WZV08Y7LYUC71685) have been repurchased as follows:
| Date | Aggregated daily volume (number of shares) | Weighted average purchase price per day (SEK) | Total daily transaction value (SEK) |
| 6 February 2025 | 94,363 | 245.24 | 23,141,780 |
| 7 February 2025 | 308,489 | 247.05 | 76,210,727 |
| 10 February 2025 | 377,035 | 248.33 | 93,627,707 |
| 11 February 2025 | 393,241 | 247.79 | 97,442,328 |
| 12 February 2025 | 399,764 | 250.11 | 99,983,815 |
| 13 February 2025 | 439,895 | 252.26 | 110,966,417 |
| 14 February 2025 | 287,213 | 253.28 | 72,744,792 |
| Total | 2,300,000 | 249.62 | 574,117,565 |
All buybacks were executed on Nasdaq Stockholm by Kepler Cheuvreux on behalf of Swedbank. The buybacks were carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the EU Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation).
As of the date for this press release, Swedbank’s holding of own shares amounts to 8,295,901 shares. The total number of shares issued by Swedbank is 1,132,005,722.
Contact:
Love Liman Jacobsson, Press Communicator, tel +46 72 233 92 32
Magnus Alvesson, Head of Investor Relations, tel +46 70 610 33 41
Swedbank empowers the many people and businesses to create a better future. Our vision is a financially sound and sustainable society. Swedbank Group is the leading bank with over 7 million retail customers and 550 000 corporate customers in our four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank Group is also present in other Nordic countries, the U.S. and China. Together we make your financial life easier. Find out more: www.swedbank.com