02:19 AM EDT, 10/19/2026 (MT Newswires) -- Aprila Bank (APRILA.OL) commenced a share buyback offer of up to 70 million Norwegian kroner to improve its capital structure by reducing its common equity tier 1 capital. The banking company appointed Pareto Securities to execute the offer as a reverse bookbuilding process, expected to close Wednesday, according to a Monday release. Settlement of the offer will take place on or about Oct. 26. Aprila Bank intends to cancel all the bought-back shares through a share capital decrease, subject to approval at an extraordinary general meeting and from the Norwegian Financial Supervisory Authority.

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