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COPENHAGEN - Ringkjøbing Landbobank A/S purchased 20,400 of its own shares for a total of DKK 29.5 million during the week of September 8-12, 2025, according to a statement released by the bank on Monday.
The Danish bank paid an average price of DKK 1,447.28 per share during the week, with daily purchases ranging from 4,000 to 4,200 shares. The transactions were executed as part of the bank’s ongoing share buyback program.
Since the program’s launch on June 2, 2025, Ringkjøbing Landbobank has repurchased 321,700 shares for a total of DKK 455.4 million. The bank now owns 735,900 of its own shares, representing 2.90% of its total share capital, excluding its trading portfolio and investments made on behalf of customers.
The current buyback program allows the bank to repurchase 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.
Prior to the current initiative, Ringkjøbing Landbobank completed another share buyback program between January 28 and May 28, 2025, during which it acquired 414,200 shares for approximately DKK 500 million.
The bank’s share repurchases are being conducted in compliance with EU regulations that constitute the "Safe Harbour" framework for such programs.
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