Selskabsmeddelelse

Norion Bank AB continues share buybacks

Norion Bank’s Board of Directors announces that the Annual General Meeting on 5 May 2026 resolved to renew the authorization for the Board to decide on repurchases of own shares. The Board has therefore decided – in line with its previously communicated intention – to initiate a new share buyback program, constituting a continuation of the previously announced buyback program of up to SEK 500 million, which commenced on 23 April 2026.

During the period from 23 April to 4 May 2026, Norion Bank repurchased own shares for a total amount of approximately SEK 70 million. The new buyback program amounts to a maximum of approximately SEK 430 million and is expected to commence on 6 May 2026. The purpose of the buyback program is, in line with Norion Bank's dividend policy, to return surplus capital relative to the capital adequacy target to shareholders and to be able to adapt the bank's capital structure and thereby create additional value for shareholders.

Based on the authorization granted by the Annual General Meeting on 5 May 2026, the Board has decided to repurchase own shares on the following terms:

  • Purchase of own shares shall take place on Nasdaq Stockholm in accordance with Nasdaq Stockholm's Rulebook for Issuers and the size of the buyback program shall not exceed SEK 430 million.
  • A maximum of 18,978,253 shares may be held in treasury. The company’s holding may at no time exceed 10 percent of all shares in the company.
  • Payment for the shares shall be made in cash.

Completed repurchases of own shares will be disclosed and reported in accordance with applicable laws and regulations as well as Nasdaq Stockholm’s Rulebook for Issuers.

The total number of shares in the Norion Bank amounts to 189,782,534. The bank currently holds 1,288,400 own shares.

For the complete authorization resolved at the Annual General Meeting of Norion Bank on 5 May 2026, please refer to Norion Bank's website.