Coop Pank AS Acquires Own Shares

Coop Pank AS, one of the five universal banks operating in Estonia, has announced significant acquisitions of its own shares during the period from September 21 to September 27, 2026. The bank's acquisition of its own shares was based on a resolution passed by the company's general meeting of shareholders on April 8, 2026, and was carried out in accordance with the conditions decided by the Supervisory Board and Management Board. The acquisition process was completed within the timeframe set by the Nasdaq Tallinn Stock Exchange, and the final details of the transactions will be disclosed no later than on the seventh trading day after the completion of the transactions. This information will be made available to the Financial Supervision and Resolution Authority, via the Nasdaq Tallinn system, and on Coop Pank's investor website.

Coop Pank, headquartered in Estonia, is a prominent player in the retail banking sector, with a strong presence in everyday banking services. The bank's client base currently comprises over 239,100 individuals who rely on its everyday banking solutions. Coop Pank has successfully leveraged the synergy between its retail trade and banking operations, bringing everyday banking solutions closer to the people who need them most. The majority shareholder of the bank is Coop Eesti, a domestic retail chain that operates over 330 stores, providing a robust sales network for the bank's services.

The acquisition of its own shares is a strategic move by Coop Pank to enhance its financial stability and to align its shareholding structure with the interests of its shareholders. This action underscores the bank's commitment to maintaining a healthy and transparent corporate governance framework.