Skip to main content

UAB Urbo bankas repurchased part of its own shares

UAB Urbo bankas (hereinafter – the Bank), juridinio asmens kodas 112027077, adresas: Konstitucijos pr. 18B, Vilnius.

The Bank hereby informs that, following the receipt of permission from the Director of the Prudential Supervision Department of the Bank of Lithuania, dated 19 June 2026, to repurchase its issued Common Equity Tier 1 capital instruments (own shares) in accordance with the terms approved by the resolution of the General Meeting of Shareholders held on 27 March 2026, an own-share repurchase transaction was concluded on 23 July 2026. Under this transaction, the Bank acquired 3.26% (3,846,153 units) of the Bank’s shares from its shareholder “Western Petroleum Limited”.

Following the transaction, the composition of the Bank’s shareholders remains unchanged. The Bank’s principal shareholder continues to be Konstantinas Karosas, who holds 90.13% of the shares, while “Western Petroleum Limited”, after transferring part of its shares to the Bank, will hold 6.61% of the Bank’s shares.

Daugiau informacijos: Verslo tarnybos direktorius Julius Ivaška, tel. Nr. +370 601 04 453, el. paštas media@urbo.lt

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.