Artea Bank Successfully Concludes Share Acquisition Program

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Oct 27 2025

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Source: Yahoo Finance

Share Buyback Completion: On 24 October 2025, Artea Bank completed its share buyback program, acquiring 1,130,250 treasury shares for EUR 930,595.08 at an average price of EUR 0.823 per share.
Program Approval and Purpose: The buyback program was approved by the Management Board on 1 October 2025 to reduce the bank's capital, following a decision made at the Ordinary General Meeting of Shareholders on 31 March 2025.
ECB Authorization: The share buyback was authorized by the European Central Bank on 23 September 2025, allowing the bank to repurchase up to 4,500,000 shares.
Future Plans: CFO Tomas Varenbergas stated that future buyback programs will depend on market conditions and other circumstances, emphasizing the bank's commitment to delivering high returns for investors.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Artea Bank Successfully Concludes Share Acquisition Program

About the author

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