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DNB Bank Launches NOK3.79 Billion Share Buyback Program

MT Newswires·10/21/2026 01:54:22
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01:54 AM EDT, 10/21/2026 (MT Newswires) -- DNB Bank (DNB.OL) launched a buyback program for 10,804,986 shares, or 0.75% of its total shares, with a total allocation of 3.79 billion Norwegian kroner. The Norwegian financial services group said Wednesday that shares under the program will be acquired between 10 kroner and 400 kroner apiece. The scheme will be carried out under permission from the Financial Supervisory Authority of Norway to reduce the company's common equity tier 1 ratio and optimize its capital structure. The program will run until Dec. 18, with shares acquired earmarked for cancellation.