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COPENHAGEN - Jyske Bank A/S, the third-largest bank in Denmark, has continued its share repurchase program, acquiring shares worth DKK 475.9 million, as part of its initiative announced on February 26, 2025. The bank’s buyback scheme, which will run until January 30, 2026, aims to purchase shares up to a value of DKK 2.25 billion.
In the latest week of transactions, from Monday to Friday, Jyske Bank purchased shares as follows: 12,411 shares on May 5, 18,964 shares on May 6, 1,000 shares on May 7, 2,000 shares on May 8, and 2,000 shares on May 9. The average purchase price ranged from DKK 552.00 to DKK 587.65, reflecting the bank’s ongoing investment in its own stock.
Following these transactions, Jyske Bank’s total holding of treasury shares, excluding shares held on behalf of clients or for trading purposes, has reached 3,663,648 shares. This accounts for 5.70% of the bank’s share capital.
The share repurchase is conducted under the framework of the EU Commission Regulation No. 596/2014, also known as the "Market Abuse Regulation," and the Commission Delegated Regulation (EU) 2016/1052, collectively referred to as the "Safe Harbour Rules." These regulations ensure that the buyback program is executed in compliance with EU market abuse laws.
The bank’s repurchase program is part of its capital allocation strategy and reflects its commitment to return value to shareholders. The transactions are reported in detail by venue as attached to the bank’s corporate announcement.
Jyske Bank’s Chief Financial Officer, Birger Krøgh Nielsen, is available for contact regarding this financial activity. The information provided is based on a press release statement issued by Jyske Bank.
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