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COPENHAGEN - Danish regional bank Ringkjøbing Landbobank has purchased 19,700 of its own shares for a total of DKK 28.8 million during the week of September 15-19, 2025, according to a press release statement.
The transactions were part of the bank’s ongoing share buyback program, which was announced on June 2, 2025. The program allows the bank to repurchase up to DKK 1 billion worth of shares, with a maximum limit of 1.6 million shares, and runs until January 30, 2026.
Following the latest purchases, Ringkjøbing Landbobank now owns 755,600 of its own shares, representing 3.00% of the bank’s total share capital. This figure excludes shares in the bank’s trading portfolio and investments made on behalf of customers.
The average purchase price for the shares acquired during the week was DKK 1,462.49 per share. The daily transactions ranged from 3,700 shares purchased on September 17 to 4,000 shares on each of the other four trading days.
Since the beginning of the current buyback program, the bank has repurchased a total of 341,400 shares at an average price of DKK 1,418.09, for a total expenditure of DKK 484.1 million.
The bank had previously completed another share buyback program between January 28 and May 28, 2025, during which it acquired 414,200 shares at an average price of DKK 1,207.12, for a total of approximately DKK 500 million.
The current share repurchase program is being implemented in compliance with EU regulations, specifically the "Safe Harbour" provisions established by EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052.
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