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COPENHAGEN - Jyske Bank has proceeded with its ongoing share repurchase program, acquiring additional shares as part of its plan announced on February 26, 2025. The bank has bought back shares with the aim of reaching a total expenditure of up to DKK 2.25 billion by January 30, 2026.
The transactions made under the program during the week of June 2 to June 6, 2025, amounted to 7,944 shares at an average price ranging from DKK 623.72 to DKK 630.53, totaling DKK 3,981,663. This latest purchase brings the total number of shares acquired under the program to 982,403, with an average purchase price of DKK 537.23 and an aggregate transaction value of DKK 527,780,007.
Following these recent transactions, Jyske Bank’s treasury shares total 3,747,521, which is equivalent to 5.83% of the bank’s share capital. These figures exclude shares acquired on behalf of clients and those held for trading purposes.
The share repurchase program is conducted in accordance with 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."
This buyback strategy is part of the bank’s capital allocation policy, which includes returning capital to shareholders when deemed appropriate. The repurchase program is an effort to optimize the bank’s capital structure and provide value to its shareholders.
The details of the transactions made under the share repurchase program have been disclosed by the bank, providing transparency about the specific numbers of shares bought on each date and their corresponding prices.
This information is based on a press release statement from Jyske Bank, which outlines the ongoing execution of their share repurchase program.
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