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DNB Proposes Cancellation of Up to 7,131,291 Repurchased Shares at Next AGM

PUBT·10/21/2026 05:39:09
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DNB Proposes Cancellation of Up to 7,131,291 Repurchased Shares at Next AGM
  • DNB Bank will propose canceling up to 7,131,291 shares purchased under its new buyback program at the next annual general meeting.
  • Shareholders will also vote on redeeming up to 3,673,695 Norwegian government shares, preserving the government's 34% ownership interest.
  • The redemption price will equal the average market buyback price, with additional interest compensation.
  • The program covers up to 10,804,986 shares, or 0.75% of capital, subject to a NOK 3.79 billion own-funds reduction limit.
  • The buyback aims to optimize the capital structure by reducing the common equity tier 1 ratio by approximately 0.3 percentage points.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DnB Bank ASA published the original content used to generate this news brief via Cision (Ref. ID: 20261020:BIT:7136:0) on October 21, 2026, and is solely responsible for the information contained therein.