Nordea Bank Abp
Stock exchange release - Other information disclosed according to the rules of
the Exchange
16 October 2025 at 7.15 EET
Nordea has received approval from the European Central Bank (ECB) for further
share buy-backs of EUR 250 million, and Nordea's Board of Directors has in
accordance with the authorisation granted by the 2025 Annual General Meeting
decided on a share buy-back programme of up to EUR 250 million. The programme
will commence on 20 October 2025 or as soon as possible after that date.
The purpose of the buy-backs is to maintain an efficient capital structure and
improve shareholder returns. The programme will commence on 20 October 2025 or
as soon as possible after that date and end no later than 30 December 2025.
Nordea has engaged a third-party broker to execute the buy-back programme. Based
on irrevocable instructions, the broker will decide on the repurchases,
including their timing, in full independence. All repurchases will be made in
compliance with applicable price and volume limits and other applicable terms.
The key terms of the share buy-back programme include:
· Nordea may repurchase shares for the maximum amount of up to EUR 250 million
based on the authorisation by the 2025 Annual General Meeting and subject to the
maximum number of 320,707,384 repurchased shares in accordance with the
remaining number of shares that can be repurchased under the authorisation. At
any given time, the number of own shares collectively held by Nordea and its
subsidiaries may not exceed 10% of all the shares in Nordea.
· Nordea will repurchase the shares otherwise than in proportion to the
shareholdings of its shareholders (directed repurchases).
· The shares will be repurchased in public trading in accordance with
Regulation (EU) 596/2014 and Commission Delegated Regulation (EU) 2016/1052
(which together constitute the Safe Harbour regulation). The shares will be
repurchased on Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen.
· The price payable per share will be determined by the pricing obtainable on
the relevant trading venue and in accordance with the authorisation granted by
the 2025 Annual General Meeting.
· Nordea will not repurchase any shares in the United States or in respect of
its American Depositary Receipts.
· Nordea will repurchase the shares using its unrestricted equity and record
the repurchases as a deduction from retained earnings.
· The repurchase of shares may be temporarily paused at any time around
corporate events of Nordea, such as dividend payments.
· The repurchased shares will be cancelled on a monthly basis.
· Nordea may suspend or terminate the programme before its scheduled end date.
In such cases this will be announced in a stock exchange release.
Prior to commencement of the buy-back programme Nordea holds 10,299,096treasury
shares for remuneration purposes.
Nordea is focused on maintaining an efficient capital structure and will
continue to distribute excess capital to shareholders in line with its capital
and dividend policy. If the share buy-back programme had been in place on 30
September 2025, it would have reduced the Nordea Group CET1 ratio by
approximately 15 bp.
For further information:
Ilkka Ottoila, Head of Investor Relations, +358 9 5300 7058
Media inquiries, +358 10 416 8023 or press@nordea.com
The information provided in this stock exchange release was submitted for
publication, through the agency of the contacts set out above, at 7.15 EET on 16
October 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.