Repurchase of own shares

Based on the authorization from the Annual General Meeting on 6 May 2025, Norion Bank initiated a share buyback program of up to SEK 500 million on 12 May 2025. 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.

The repurchase of own shares may only be effected on Nasdaq Stockholm, on one or several occasions during the period up to the Annual General Meeting 2026, in accordance with the following terms and conditions:

  • Purchases of own shares may take place of a maximum of so many shares that the company's holding of own shares at any given time does not exceed ten (10) percent of all shares in the company.
  • Purchase of own shares shall take place on Nasdaq Stockholm in accordance with Nasdaq Stockholm's Rulebook for Issuers.
  • Purchases of own shares may only take place at a price per share within the price range registered on Nasdaq Stockholm at any given time, by which is meant the interval between the highest purchase price and the lowest selling price, or, in the event that the Board instructs a stock exchange member on Nasdaq Stockholm to accumulate a certain amount of the company's shares in its own book during a certain time period, at a price per share within the price range at the time or the corresponding volume-weighted average price.
  • Payment for the shares shall be made in cash.
     
    Reports on the share repurchases are published weekly in the table below:

 

Date  Number of shares   Average share price (SEK) Total transaction value (SEK) Total accumulated holdings 
2025-05-12 – 2025-05-16    1,139,204 42.70 48,638,324 1,139,204
2025-05-19 – 2025-05-23 185,600 44.35 8,232,080 1,324,804
2025-05-26 – 2025-05-30     165,600 45.66  7,561,495   1,490,404