Spar Nord Bank A/S

SPNO

DK0060036564

Banks

Market Closed - Nasdaq Copenhagen Other stock markets 10:59:40 2024-04-26 am EDT			5-day change	1st Jan Change
122 ^DKK	+0.83%		-0.33%	+14.45%

Mar. 19	Spar Nord Bank A/S Elects Mette Kaagaard (Birkerød) as New Board Member	CI
Mar. 07	Spar Nord Bank Finalizes Repurchase of Tier 2 Capital Instruments	MT

Spar Nord repurchases Tier 2 capital

March 07, 2024 at 03:34 am EST

Company announcement no. 18

With reference to Company Announcement no. 14 of 26 February 2024, Spar Nord announced an offer to repurchase previously issued Tier 2 capital instruments with ISIN codes DK0030432075 and DK0030431341 managed by Nykredit Bank.

The repurchase offer expired on 5 March 2024 and the result of the offer was as follows.

Spar Nord repurchases nominally DKK 196 million in ISIN code DK0030432075 at a rate of 100.41 with 8 March 2024 as the value date.

Spar Nord repurchases nominally DKK 68 million in ISIN code DK0030431341 at a rate of 99.57 with 8 March 2024 as the value date.

Please direct any questions regarding this release to Rune Brandt Børglum, Head of Investor Relations, on tel. + 45 9634 4236, or by e-mail at rsn@sparnord.dk.

Rune Brandt Børglum
Head of Investor Relations

Attachment

No. 18 - Spar Nord repurchases Tier 2 capital - UK

Latest news about Spar Nord Bank A/S

Spar Nord Bank A/S Elects Mette Kaagaard (Birkerød) as New Board Member	Mar. 19	CI
Spar Nord Bank Finalizes Repurchase of Tier 2 Capital Instruments	Mar. 07	MT
Spar Nord Bank Issues DKK500 Million Tier 2 Capital	Feb. 28	MT
Spar Nord Bank Mulls Issue of Tier 2 Capital	Feb. 26	MT
Spar Nord Bank Initiates Up to DKK500 Million Share Buyback	Feb. 12	MT
Spar Nord Bank A/S announces an Equity Buyback for DKK 500 million worth of its shares.	Feb. 12	CI
Spar Nord Bank A/S authorizes a Buyback Plan.	Feb. 11	CI
Spar Nord Bank A/S Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 07	CI
Spar Nord Bank A/S Recommends Dividend	Feb. 07	CI
Spar Nord Bank A/S Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 06	CI
Spar Nord Bank Concludes DKK300 Million Share Buyback Program	Feb. 01	MT
Tranche Update on Spar Nord Bank A/S's Equity Buyback Plan announced on February 13, 2023.	Feb. 01	CI
Spar Nord Bank A/S's Equity Buyback announced on February 13, 2023, has closed with 2,764,595 shares, representing 2.28% for DKK 300 million.	Jan. 30	CI
Spar Nord Bank A/S Provides Earnings Guidance for the Full Year 2024	Jan. 19	CI
Spar Nord Bank A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 01	CI
Tranche Update on Spar Nord Bank A/S's Equity Buyback Plan announced on February 13, 2023.	23-08-17	CI
Spar Nord Bank A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-16	CI
Spar Nord Bank A/S Revises Earnings Guidance for the Year 2023	23-06-20	CI
Spar Nord Bank A/S Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-03	CI
Spar Nord Bank A/S Upgrades Earnings Guidance for the Year 2023	23-04-14	CI
Spar Nord Bank A/S Approves Executive Appointments	23-03-22	CI
Spar Nord Bank Launches up to DKK300 Million Share Buyback Program	23-02-13	MT
Spar Nord Bank A/S announces an Equity Buyback for DKK 300 million worth of its shares.	23-02-13	CI
Spar Nord Bank A/S authorizes a Buyback Plan.	23-02-12	CI
Spar Nord Bank A/S Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-09	CI

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Company Profile

Spar Nord Bank A/S is a Denmark-based bank focused on household customers, and small and medium-sized enterprises. It operates within two business segments. The Spar Nordâs Local Banks segment serves retail and business customers, as well as large corporate and high-net-worth individuals through 90 local banks. It offers loans and credits, credit and debit cards, saving products, non-life and life insurance and pension funds, among others. The Trading, Financial Markets & the International segment includes divisions such as Markets, Shares, Asset Management and Bonds, Interest & Forex, and the International. The activities are focused on forex and securities, including hedging and transaction management, as well as export and import. The Company has five direct subsidiaries. In June 2014, it completed the transaction to acquire a customer portfolio from FIH Erhvervsbank A/S.

Sector

Banks

Calendar

2024-05-01 - Q1 2024 Earnings Release

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Ratings for Spar Nord Bank A/S

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Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

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Last Close Price

122 DKK

Average target price

120 DKK

Spread / Average Target

-1.64%

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Spar Nord Bank A/S

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SPNO

DK0060036564

Banks

Spar Nord repurchases Tier 2 capital

EPS Revisions