Jyske Bank continues share repurchase program with week 35 transactions

Published 01/09/2025, 07:22
Jyske Bank continues share repurchase program with week 35 transactions

COPENHAGEN - Danish lender Jyske Bank A/S has acquired 86,090 of its own shares during the 35th week of 2025 as part of its ongoing share repurchase program, according to a press release statement from the bank.

The transactions, conducted between August 25 and August 29, amounted to approximately DKK 60.1 million ($8.9 million), with purchase prices ranging from DKK 686.28 to DKK 710.83 per share.

Following these transactions, Jyske Bank now holds 1,854,835 treasury shares, representing 3.02% of its total share capital. This figure excludes shares held for trading purposes and investments made on behalf of customers.

The current repurchase program, which began on February 26, 2025, will continue until January 30, 2026. During this period, the bank plans to acquire shares valued at up to DKK 2.25 billion ($333 million).

Since the program’s inception, Jyske Bank has repurchased shares worth approximately DKK 1.1 billion, representing about 49% of the total planned buyback amount.

The bank noted that the share repurchase program has been structured in compliance with the EU Commission’s Market Abuse Regulation and the Commission Delegated Regulation, collectively known as the "Safe Harbour Rules."

The repurchase program was initially announced in Corporate Announcement No. 3/2025 on February 26, 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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