STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Starting Tuesday 11 February, Swedbank AB (publ) (STO:SWEDA) (OSE: SWED) (LSE:SWK) will transfer own shares to participants in Swedbank Group's performance and share-based remuneration programmes Eken 2011 and Individual Programme 2010. The bank has previously repurchased 33 000 000 own shares to fulfil Swedbank AB’s (publ) obligations in respect of Swedbank Group's performance and share-based remuneration programmes. The share transfer comprises 3 239 718 ordinary shares and will, starting 11 February, lead to a decrease of holdings of own shares for Swedbank Group's performance and share-based remuneration programmes.
The transfer is in accordance with the 2013 Annual General Meeting decision, section 19c of the minutes. Further information is available on the Swedbank AB (publ) website - www.swedbank.com > About Swedbank > Corporate governance > Annual General Meeting > Previous AGMs.
The total number of shares in Swedbank is 1 132 005 722.
Swedbank AB (publ) is obliged to publish this information under the Securities Market Act. The information was submitted for publication on 10 February 2014 at 17:35.
Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to a development “Beyond Financial Growth”. As a leading bank in the home markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has 8 million retail customers and around 600,000 corporate customers and organizations with 306 branches in Sweden and approximately 180 branches in the Baltic countries. The group is also present in other Nordic countries, the U.S. and China. As of 30 September, 2013 the group had total assets of SEK 1,832 billion. Read more at www.swedbank.com
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