Understanding Share Structures and Voting Rights in Banking

Author: Evelyn Baker Updated: 05-20-2025 09:16 AM

Overview of Shares and Voting Rights

Understanding the structure of shares and the associated voting rights is essential for investors and stakeholders in any financial institution. Artea Bankas AB provides a breakdown of its shareholding structure, authorized capital, and the total number of shares issued.

Types of Shares Issued by Artea Bankas AB

The bank issues ordinary registered shares. This type of share grants investors the right to participate in the bank's annual general meeting and cast votes based on the number of shares they hold. These ordinary shares enable shareholders to have a say in the company's governance and major decisions.

ISIN and LEI Codes

The International Securities Identification Number (ISIN) for shares at Artea Bankas AB is LT0000102253. Additionally, the bank has a Legal Entity Identifier (LEI) code of 549300TK038P6EV4YU51, which aids in global business identification and enhances the transparency of financial transactions.

Details on Share Valuation

Each share has a nominal value of EUR 0.29, making it accessible for a broad range of investors. With a total of 662,996,646 shares issued, Artea Bankas maintains a substantial presence in the market, offering significant investment opportunities.

Authorized Capital

The authorized capital of Artea Bankas AB amounts to EUR 192,269,027.34. This capital acts as a buffer for operations and growth while providing the avenue for potential future funding or expansion necessitated by market demands.

Voting Rights and Shareholder Engagement

Voting rights are a critical component of share ownership. Each share owned grants holders voting power, which in the case of Artea Bankas totals 662,996,646 votes. This collective influence shapes the strategic decisions made by the bank, and a quorum is set at 651,398,897 votes during the general meeting of shareholders.

Importance of Shareholder Participation

The importance of shareholder engagement cannot be overstated. By actively participating in meetings, shareholders can voice their opinions and influence the direction of the bank. This engagement is crucial in fostering a strong partnership between the management and its investors.

Contact Information for Further Inquiries

For more detailed insights into the share structure or any other queries, stakeholders can reach out to:

Tomas Varenbergas

Head of Investment Management Division

Email: tomas.varenbergas@artea.lt

Phone: +370 610 44447

Frequently Asked Questions

What types of shares does Artea Bankas AB issue?

Artea Bankas AB issues ordinary registered shares which grant voting rights and participation in general meetings.

What is the ISIN code for Artea Bankas shares?

The ISIN code for Artea Bankas AB shares is LT0000102253.

How much is the nominal value of a share?

The nominal value of each share issued by Artea Bankas is EUR 0.29.

What is the total authorized capital of Artea Bankas?

The authorized capital of Artea Bankas AB stands at EUR 192,269,027.34.

How many votes are granted by all issued shares?

All issued shares grant a total of 662,996,646 votes, allowing significant shareholder influence.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.