The Bank of Åland has repurchased 250,000 of its own shares
28 November 2022 - 8:16PM
The Bank of Åland has repurchased 250,000 of its own shares
Bank of Åland PlcChanges in the Company’s own shares28.11.2022,
11:15 EET
The Bank of Åland has
repurchased
250,000
of its own shares
On 28.11.2022, the Bank of Åland (Ålandsbanken) repurchased
250,000 of its own shares in a block transaction. The acquisition
was carried out as part of the buy-back programme that is being
handled by Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
and that began on May 25, 2022. The price per share was EUR 33.56,
equivalent to a discount of 1 per cent compared to the lowest price
paid in public trading on the day of the acquisition and 1 per cent
compared to the volume-weighted average price of the Company’s
Series B share price during a period of 7 trading days from
17.11.2022 to 25.11.2022 (EUR 0.33 per share). The total
acquisition price amounted to EUR 8,390,000
After this buy-back, the Bank of Åland’s holding of its own
shares amounts to 266,251 shares.
On behalf of the Bank of Åland Plc (Ålandsbanken Abp)
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
Antti
Salakka Janne
Tiihonen
For further information, please contact:Peter Wiklöf, Managing
Director and Chief Executive, Bank of Åland Plc, tel +358
40 512 7505
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