Share repurchases

Share repurchases.

Nordnet’s capital and dividend policy includes both dividends and share repurchases as tools for capital distribution to shareholders. Our aim is to pay out 70% of the profit of the financial year to shareholders.

In addition, share repurchases are intended to be used for distributing excess capital to our shareholders. The Board of Directors at Nordnet has decided to exercise the authorization granted by the General Meeting to acquire own shares. The intent is that the repurchased shares later will be cancelled by resolution of upcoming Annual General Meetings.

Authorisations from the Annual General Meeting and other information about share repurchases are described in the press releases below.