|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||10.99 - 11.10|
|52-week range||8.39 - 12.92|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||8.19|
|Forward dividend & yield||1.63 (14.76%)|
|Ex-dividend date||24 Mar 2023|
|1y target est||N/A|
In the latest turn of events this Thursday, activist investor Cevian Capital AB has urged Nordea Bank Abp (OTC:NRDBY), the largest bank in the Nordic region, to increase its profitability targets. The call comes as Nordea is preparing to announce its new financial goals.
In a move towards capital optimization, Nordea Bank Abp (OTC:NRDBY) cancelled 12,285,688 of its treasury shares today, as announced in a stock exchange release. The decision, made by the Board of Directors, reduces the total number of shares in Nordea to 3,557,459,330 with an equal number of votes attached.
Nordea Bank AB (NRDBY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.