Nordea to launch €250m share buy-back program

Nordea Bank Abp announced it will launch a share buy-back program of up to €250m, having received approval from the European Central Bank (ECB). The program, decided by Nordea's board of directors, aims to maintain an efficient capital structure and enhance shareholder returns. It is scheduled to commence on October 20, 2025, and conclude no later than December 30, 2025.

A third-party broker will execute the directed repurchases on Nasdaq Helsinki, Nasdaq Stockholm, and Nasdaq Copenhagen, adhering to Safe Harbour regulations. Nordea may repurchase shares up to a maximum of 320,707,384 shares under the existing authorisation, ensuring its collective holding does not exceed 10% of all shares. The shares will be repurchased using unrestricted equity and recorded as a deduction from retained earnings, with repurchased shares cancelled monthly.

Nordea currently holds 10,299,096 treasury shares for remuneration purposes. The bank stated that if the program had been in effect on September 30, 2025, it would have reduced the Nordea Group CET1 ratio by approximately 15 basis points.