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COPENHAGEN - Ringkjøbing Landbobank has repurchased 19,900 of its own shares for a total of DKK 29.3 million during the week of August 4-8, 2025, according to a statement released Monday.
The Danish bank paid an average price of DKK 1,472.87 per share during the week, with daily purchases ranging from 3,800 to 4,100 shares. The highest average daily price was DKK 1,493.24 on Friday, while the lowest was DKK 1,452.84 on Monday.
With these transactions, Ringkjøbing Landbobank has now repurchased a total of 224,600 shares for DKK 312.2 million under its current share buyback program, which began on June 2, 2025, and will continue until January 30, 2026.
The bank now owns 638,800 of its own shares, representing 2.52% of its share capital. This figure includes 414,200 shares acquired during a previous buyback program that ran from January 28 to May 28, 2025.
The current program allows for total repurchases of up to DKK 1 billion, with a maximum limit of 1.6 million shares. The buyback is being implemented in compliance with EU regulations that constitute the "Safe Harbour" framework for share repurchases.
According to the bank’s statement, the transactions were executed across various trading venues, with detailed information on individual trades provided in the announcement.
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