Collector Bank
The Board of Norion Bank AB proposes a reduction of share capital with redemption of repurchased shares
The Board of Norion Bank AB (the “Company” or “Norion”) has today decided to propose a reduction of the share capital with redemption of the shares repurchased under the Company’s two share buyback programs during 2025. The purpose of the proposal is to reduce the number of shares held in treasury in order to give the Company greater flexibility in establishing any potential new share buyback programs during 2026.
During 2025, Norion carried out two share buyback programs of SEK 500 million each. Under the share buyback programs, a total of 15,598,470 own shares were repurchased, corresponding to 7.6 percent of the total number of shares in the Company. Against this background, and in order to reduce the number of shares held in treasury to give the Company greater flexibility in establishing any potential new share buyback programs during 2026, the Board proposes that an extraordinary general meeting – to be held on 13 February 2026 – resolve to reduce the share capital with redemption of the own shares repurchased during 2025. To enable an efficient reduction procedure, the Board also proposes that the share capital be restored through a bonus issue without the issue of new shares.
The Board's complete proposals will be set out in the notice to the extraordinary general meeting, which will be published in a separate press release.
| Datum | 2026-01-21, kl 15:30 |
| Källa | MFN |