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COPENHAGEN - Ringkjøbing Landbobank has purchased 21,100 of its own shares for approximately DKK 29.8 million during the week of July 21-25, 2025, according to a statement released by the bank on Monday.
The Danish bank paid an average price of DKK 1,411.45 per share during the week, with daily purchases ranging from 3,900 to 4,500 shares. The highest average daily purchase price was DKK 1,424.55 on July 24, while the lowest was DKK 1,398.96 on July 22.
These transactions are part of the bank’s ongoing share buyback program that was announced on June 2, 2025. The program allows the bank to repurchase up to DKK 1,000 million worth of shares, with a maximum limit of 1,600,000 shares, through January 30, 2026.
Since the program’s launch, Ringkjøbing Landbobank has bought back a total of 185,700 shares for DKK 255.5 million, representing an average purchase price of DKK 1,376.00 per share. Combined with a previous buyback program executed between January and May 2025, the bank now holds 599,900 of its own shares, equivalent to 2.36% of its share capital.
The buyback program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" regulation, according to the bank’s press release statement.
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