Nordea Bank Abp
Stock exchange release – Other information disclosed according to the rules of the Exchange
23 May 2025 at 12.00 EET
Nordea has now completed its share buy-back programme announced in March 2025. From 10 March 2025 to 22 May 2025, Nordea repurchased 21,011,951 of its own shares (FI4000297767) at an average price per share of EUR 11.89.
On 6 March 2025, Nordea announced a share buy-back of up to EUR 250m, based on the authorisation granted to the Board by the 2024 Annual General Meeting. The purpose of share buy-backs is to maintain an efficient capital structure and improve shareholder returns. Since the inception of the inaugural buy-back programme in October 2021, Nordea has distributed EUR 6.0bn to its shareholders through repurchasing around 588 million shares at an average price of EUR 10.19 per share.
Nordea repurchased the shares in public trading otherwise than in proportion to the shareholdings of its shareholders (directed repurchases). The repurchased shares were cancelled on a monthly basis.
The repurchases of this buy-back programme reduced the company’s unrestricted equity by EUR 250m. Nordea now holds 10,704,874 treasury shares for capital optimisation purposes and 10,299,096 treasury shares for remuneration purposes.
Nordea aims to keep returning excess capital to shareholders through share buy-backs and is in close dialogue with the European Central Bank (ECB) regarding a new programme.
For further information:
Ilkka Ottoila, Head of Investor Relations, +358 9 5300 7058
Media inquiries, +358 10 416 8023 or press [at] nordea.com
The information provided in this stock exchange release was submitted for publication, through the agency of the contacts set out above, at 12.00 EET on 23 May 2025.
We are a universal bank with a 200-year history of supporting and growing the Nordic economies – enabling dreams and aspirations for a greater good. Every day, we work to support our customers’ financial development, delivering best-in-class omnichannel customer experiences and driving sustainable change. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Read more about us at nordea.com.