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COPENHAGEN - Danish regional lender Ringkjøbing Landbobank has purchased 20,000 of its own shares for a total of DKK 28.3 million during the week of July 7-11, 2025, according to a statement based on a company press release.
The transactions were executed as part of the bank’s ongoing share buyback program announced on June 2, which allows for repurchases of up to DKK 1 billion worth of shares, with a maximum limit of 1,600,000 shares. The program is scheduled to run until January 30, 2026.
The bank paid an average price of DKK 1,414.67 per share during the most recent trading week, with daily purchase prices ranging from DKK 1,396.27 to DKK 1,426.71.
With these latest transactions, Ringkjøbing Landbobank has now repurchased a total of 144,500 shares for DKK 197.2 million under the current program. Including the previous buyback program that ran from January 28 to May 28, 2025, the bank has acquired 558,700 shares in total, representing 2.20% of its share capital.
The share repurchase program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" framework for such transactions.
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