Nordea Bank Abp Completes Share Repurchases

Nordea Bank Abp has completed its share repurchases, acquiring a significant number of shares at a relatively high price. The move is expected to have a positive impact on the bank’s share price due to the reduction in outstanding shares, which can lead to increased earnings per share.

Stress Test Results

Nordea Bank Abp has passed the EU-wide stress test, with results indicating a decrease in the core Tier 1 capital ratio from 15.8% to 12.2% in the more challenging stress scenario. The bank’s risk management and capital strategy are not expected to be affected by this outcome.

Market Performance

The Helsinki Stock Exchange index declined by 1.2% on Friday, reflecting a broader market trend. However, Nordea’s share price is not expected to be significantly impacted by this decline, as the bank’s fundamentals remain strong.

Key Statistics

• Nordea Bank Abp has completed its share repurchases.
• The bank’s core Tier 1 capital ratio is expected to decrease from 15.8% to 12.2% in the more challenging stress scenario.
• The Helsinki Stock Exchange index fell by 1.2% on Friday.