Overview of AB Artea Bankas Share Buyback Program
This announcement provides insight into the transactions of AB Artea bankas, detailing the acquisition of its own shares within the specified timeframe. The bank's buy-back program aims to strengthen shareholder value and reflect confidence in its financial performance.
Details of Acquisition Period
The acquisitions were conducted under the bank's buy-back program for the period between 05.05.2025 and 10.06.2025. This systematic approach is designed to purchase shares while maintaining a planned and structured strategy to enhance market stability.
Report Period Coverage
The specific details covered in this announcement relate to the transactions from 09.06.2025 to 10.06.2025, a crucial time for monitoring share performance and market dynamics.
Transaction Overview Insights
Several key transactions were realized during this period, with a comprehensive breakdown of the operational details highlighting the effectiveness of the share acquisition strategy:
Transaction Summary Table
The following table summarizes the key acquisitions for the week:
| Date | Total Shares Purchased (Units) | Weighted Average Price (EUR) | Total Value of Transactions (EUR) |
|---|---|---|---|
| 2025.06.09 | 100,000 | 0.855 | 85,499.35 |
| 2025.06.10 | 40,000 | 0.858 | 34,320.00 |
Total Acquisitions Summary
During the current week, the total number of shares acquired amounted to 140,000 units with a weighted average price of €0.856 per share, demonstrating the bank’s proactive measures in consolidating its shares.
Overall Program Details
Over the entire buy-back period, AB Artea bankas successfully acquired a total of 2,540,000 shares throughout the program. The average price per share in this time frame was approximately €0.876, leading to a substantial total value of €2,225,741.28 for all transactions conducted under this buy-back initiative.
Future Outlook
After the completion of these transactions, AB Artea bankas will possess a total of 13,137,749 units of its own shares, which represent 1.98% of the bank's issued shares. This strategic move is expected to reinforce market confidence as the bank continues its operational endeavors.
Contact Information
For further inquiries regarding this announcement, please reach out to:
Tomas Varenbergas
Head of Investment Management Division
tomas.varenbergas@artea.lt
Phone: +370 610 44447
Frequently Asked Questions
What is the purpose of the share buyback program?
The program aims to enhance shareholder value and stabilize the market by managing the total share count.
How many shares were acquired during this period?
A total of 140,000 shares were acquired during this specific week.
What was the average price of shares acquired?
The average price paid for shares acquired was approximately €0.856.
How many shares does the bank own after this buyback?
After the buyback transactions, the bank owns a total of 13,137,749 shares.
Where can I find more information about the bank's transactions?
Additional details about transactions are available on the bank's official website www.artea.lt.
