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COPENHAGEN - Jyske Bank A/S has reported continued activity in its share buyback program, acquiring shares as part of a plan initially announced on February 26, 2025. The Danish bank has been purchasing its own shares with the aim of reaching a maximum value of DKK 2.25 billion by January 30, 2026.
Under the program, which adheres to the Market Abuse Regulation of the European Union, Jyske Bank has executed several transactions in the past week. The bank bought shares at an average price of DKK 528.57, amounting to a total transaction value of DKK 455.7 million.
Following the most recent transactions, Jyske Bank’s ownership of its own shares has increased to 3,627,095, excluding investments on behalf of clients and trading inventory. This figure represents 5.64% of the company’s share capital.
The buyback program is conducted within the parameters of the EU Commission’s Regulation No. 596/2014, also known as the "Market Abuse Regulation," and the EU Commission’s Delegated Regulation No. 2016/1052, collectively referred to as the "safe harbor rules."
The detailed transactions from the last week included purchases on Thursday, with 10,677 shares at DKK 534.63 each, and on Friday, with 13,924 shares at DKK 530.03 each. The buying continued into the new week with 12,813 shares acquired on Monday at DKK 536.92 each, 5,296 shares on Tuesday at DKK 541.28 each, and 17,171 shares on Wednesday at DKK 550.30 each.
The aggregate information related to the transactions conducted under the buyback program has been made available, broken down by trading venue.
The share buyback is part of Jyske Bank’s strategy to adjust its capital structure and return value to shareholders. This information is based on a press release statement from Jyske Bank.
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