OSLO, NORWAY: DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,925,301 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 29 April 2024. The Financial Supervisory Authority of…
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DNB Bank to buy back up to 1.5 percent of its own shares
OSLO, NORWAY: DNB Bank ASA, Norway’s largest financial services group, announced on Monday that it will buy back up to 1.5 percent of its own shares, or 23.1 million shares, to optimise its capital structure and reduce its CET1 capital ratio by 0.5 percentage points. The buy-back programme, which has been approved by the Financial…