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COPENHAGEN - Jyske Bank, a major Danish financial institution, has been actively purchasing its own shares as part of an ongoing buyback program initiated earlier this year. The program, which started on February 26, 2025, and is set to run until January 30, 2026, has reached a transaction value of DKK 455.7 million, according to the latest weekly report.
The bank’s share repurchase scheme is designed to buy back shares worth up to DKK 2.25 billion, as detailed in Corporate Announcement No. 3/2025. The transactions are conducted under the framework of the EU’s Market Abuse Regulation and the Safe Harbour Rules, ensuring compliance with regulatory standards.
During the week of April 28 to May 2, 2025, Jyske Bank acquired a total of 60,881 shares at varying average purchase prices, which ranged from DKK 530.03 to DKK 550.30. As a result of these transactions, the bank’s treasury shares have increased to a total of 3,627,273, representing 5.64% of its share capital. These shares are held excluding those bought on behalf of clients or for trading purposes.
The bank has been transparent about the details of its repurchase program, providing aggregated data on the transactions by venue. This level of disclosure aligns with the institution’s commitment to regulatory compliance and shareholder transparency.
Investors and market watchers are keeping an eye on Jyske Bank’s repurchase activities as a signal of the bank’s financial health and market strategy. The repurchase program is part of the bank’s capital distribution strategy and reflects its position on shareholder value.
The information disclosed here is based on a press release statement from Jyske Bank, which outlines the specifics of its share repurchase program and the recent week’s transactions.
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