Nordea Bank (OTCMKTS:NRDBY) Shares Gap Down – Here’s Why

berlingske.dk

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Kristeligt Dagblad

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avisendanmark.dk

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+3 Reposted by 3 other sources

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Nordea has put an expected share buyback program on hold, the bank writes in its quarterly report.

Ekstra Bladet

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Nordea has paused its share buyback, and it did not go unnoticed by investors on Thursday morning.

Jyllands-Posten

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Nordea shares fall on Thursday morning on uncertainty about future buybacks. The other banks also fall, but not as much.

arvopaperi.fi

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The suspension of share buybacks will limit Nordea's dividend prospects in the near future. However, banking operations are running strongly.

borskollen.se

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Yesterday, Nordea's share fell 7.83 percent. The Q3 report fell below market expectations and the announcement of a pause in share buybacks sent the price down. However, several analysts believe that the decline was excessive and are recommending buying the share. The share closed at 15.65 euros on Nasdaq Helsinki. The ECB is reviewing Nordea's capital models and the bank is awaiting the conclusion of the review before resuming the buyback progr…