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COPENHAGEN - Ringkjøbing Landbobank has purchased 19,500 of its own shares for a total of DKK 28.7 million during the week of August 25-29, 2025, according to a statement released by the bank on Monday.
The Danish bank paid an average price of DKK 1,472.76 per share during the week, with prices ranging from DKK 1,434.56 to DKK 1,510.63 across the five trading days.
Since the launch of the current share buyback program on June 2, 2025, Ringkjøbing Landbobank has repurchased a total of 279,800 shares at an average price of DKK 1,410.58, representing a total investment of DKK 394.7 million.
The ongoing buyback program allows the bank to repurchase shares for up to DKK 1 billion, with a maximum limit of 1,600,000 shares. The program is scheduled to run until January 30, 2026.
Including shares bought back under a previous program executed between January and May 2025, Ringkjøbing Landbobank now holds 694,000 of its own shares, equivalent to 2.73% of the company’s share capital. This figure excludes shares in the bank’s trading portfolio and investments made on behalf of customers.
The share buyback program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" framework, according to the bank’s statement.
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