Avarda Bank Completes Share Repurchase Program
Avarda Bank AB concluded its share buyback program on October 14, 2026, repurchasing 40,000 of its own shares. The program was authorized by the company's board and aimed to fulfill obligations for its 2023 employee share plan.
Avarda Bank AB (publ) announced on October 14, 2026, that it has completed its previously announced share buyback program. The company repurchased a total of 40,000 of its own shares.
The buyback program, which commenced on August 31, 2026, operated under the authorization granted by the Board of Directors at the Annual General Meeting held on May 5, 2026. The primary objective of these repurchases was to ensure the delivery of shares to participants in the company's 2023 Share Program.
Originally set to run until no later than December 15, 2026, Avarda concluded the program early with the October 14th purchase. The total of 40,000 shares bought back fulfills the program's requirements.