Coop Pank AS Acquires Own Shares on Nasdaq Tallinn

Coop Pank AS, one of Estonia's five universal banks, has announced the acquisition of its own shares on the Nasdaq Tallinn Stock Exchange. The transactions took place from September 2 to 6, 2026, and were carried out in accordance with a resolution passed by the company’s general meeting of shareholders on April 8, 2026. The acquisitions were made under conditions approved by the Supervisory Board and the Management Board.

According to Coop Pank AS, the acquisitions are part of the bank’s strategic operations and are subject to disclosure requirements. The summary data of the acquisitions will be made available to the Financial Supervision and Resolution Authority via the Nasdaq Tallinn system and on the bank’s investor website. Coop Pank AS, headquartered in Estonia, operates as a retail bank and uses the synergy created between retail trade and banking to bring everyday banking solutions closer to its customers.

The majority shareholder of Coop Pank AS is the domestic retail chain Coop Eesti, which operates over 330 stores. The bank serves 237,600 clients who use everyday banking services. The acquisitions of the company’s own shares are typical corporate actions that may be undertaken for various reasons, such as maintaining capital structure, managing share liquidity, or as a means of capital allocation.

Coop Pank AS’s CFO, Paavo Truu, stated that the transactions were conducted in line with the company’s strategic plans. "These acquisitions are part of our ongoing efforts to manage our capital structure effectively and ensure the best interests of our shareholders," said Truu, adding that the bank remains focused on providing comprehensive banking solutions to its clients.

The acquisitions reflect Coop Pank AS’s commitment to maintaining a strong financial position and ensuring the stability of its capital structure. The bank’s strategic actions are closely monitored by regulatory authorities and the financial community, and the acquisitions will be subject to ongoing reporting and disclosure requirements.

As the transactions are completed, Coop Pank AS will provide detailed information on the acquisitions, including the number of shares acquired and the total cost, to ensure transparency and meet regulatory obligations. The bank’s focus on maintaining a balanced and stable capital structure is a key aspect of its long-term strategy, and the acquisitions are seen as an integral part of this strategy.

For Coop Pank AS, these transactions underscore the bank’s commitment to its shareholders and the broader financial community. The acquisitions are part of a broader set of actions aimed at enhancing the bank’s operational efficiency and ensuring the continued growth and development of its services.