Artea Bank approves share buyback programme

Core Viewpoint - Artea Bank has announced a new share buyback program, which aims to enhance share liquidity on the stock exchange and is set to run until the start of the next blackout period related to the end of the 2025 financial year [2]. Group 1: Share Buyback Program Details - The share buyback program will commence on December 1, 2025, and conclude on January 23, 2026, with a maximum acquisition of 3,369,750 shares [5]. - The bank has received permission from the ECB to repurchase up to 4,500,000 shares, valid for one year from September 23, 2025 [4]. - The maximum purchase price per share will not exceed the higher of the last independent trading price or the highest independent bid price for a specific transaction on Nasdaq Vilnius [5]. Group 2: Compliance and Regulations - The buyback will be conducted in compliance with the safe harbour requirements set out in Regulation (EU) No 596/2014 and related regulations [3]. - The bank will limit its daily share repurchases to no more than 25% of the average daily trading volume calculated over the month preceding the announcement of the program [5]. Group 3: Communication and Reporting - Artea Bank will publish information on completed transactions from the previous calendar week on the first working day of each calendar week [2].