REG - Swedbank AB - Swedbank has completed acquisition of own shares

Swedbank ABAnnouncement

14/02/2025 18:30

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RNS Number : 2495X  Swedbank AB  14 February 2025

Press release

 

14 February 2025

 

Swedbank has completed acquisition of own shares

On 6 February 2025, Swedbank announced that the Board of Directors had
resolved on a share buyback of a maximum of 2,300,000 own shares to ensure
delivery of shares to participants in Swedbank's performance- and share-based
compensation programs ("Eken 2024" and "IP 2024").

The repurchases of shares began on 6 February 2025 and ended on 14 February
2025.

Shares (ISIN: SE0000242455) in Swedbank (LEI-code: M312WZV08Y7LYUC71685) have
been repurchased as follows:

 Date              Aggregated daily volume (number of shares)  Weighted average purchase price per day (SEK)  Total daily transaction value (SEK)
 6 February 2025   94,363                                      245.24                                         23,141,780
 7 February 2025   308,489                                     247.05                                         76,210,727
 10 February 2025  377,035                                     248.33                                         93,627,707
 11 February 2025  393,241                                     247.79                                         97,442,328
 12 February 2025  399,764                                     250.11                                         99,983,815
 13 February 2025  439,895                                     252.26                                         110,966,417
 14 February 2025  287,213                                     253.28                                         72,744,792
 Total             2,300,000                                   249.62                                         574,117,565

 

All buybacks were executed on Nasdaq Stockholm by Kepler Cheuvreux on behalf
of Swedbank. The buybacks were carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 and the EU Commission Delegated Regulation (EU) No
2016/1052 (Safe Harbour Regulation).

As of the date for this press release, Swedbank's holding of own shares
amounts to 8,295,901 shares. The total number of shares issued by Swedbank is
1,132,005,722.

Contact:

Love Liman Jacobsson (mailto:love.liman.jacobsson@swedbank.se) , Press
Communicator, tel +46 72 233 92 32

Magnus Alvesson (mailto:magnus.alvesson@swedbank.com) , Head of Investor
Relations, tel +46 70 610 33 41

 

Swedbank empowers the many people and businesses to create a better future.
Our vision is a financially sound and sustainable society. Swedbank Group is
the leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets: Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com

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