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COPENHAGEN - Jyske Bank, a major Danish financial institution, has been actively purchasing its own shares as part of an ongoing repurchase program that commenced on February 26, 2025. Within the past week, the bank has acquired additional shares, contributing to a total transaction value of DKK 482,008,182 under the program thus far.
The buyback scheme is set to run until January 30, 2026, with the bank allocating up to DKK 2.25 billion for the repurchase of its shares, according to the initial announcement made on February 26, 2025. This move aligns with the EU’s Market Abuse Regulation and the Commission Delegated Regulation, commonly referred to as the Safe Harbour Rules, which aim to regulate such financial activities.
In the recent transactions, Jyske Bank reported buying back 10,000 shares over the course of the last week, with individual daily purchases ranging from 2,000 shares each day at varying prices. The average purchase price for the week stood at approximately DKK 599.13 per share.
After the latest transactions, Jyske Bank’s total holding of treasury shares has reached 3,673,648 shares, which represents 5.72% of the bank’s share capital. These holdings exclude shares acquired on behalf of clients or those held for trading purposes.
The bank has provided detailed aggregated information on the transactions by venue, ensuring transparency in its repurchase programme. The repurchase activity is part of Jyske Bank’s capital distribution strategy, and the bank has communicated that the buybacks are being executed within the regulatory framework designed to prevent market abuse.
This information is based on a press release statement from Jyske Bank and reflects the bank’s ongoing commitment to its share repurchase program.
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