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COPENHAGEN - Ringkjøbing Landbobank has purchased 25,200 of its own shares for a total of DKK 34.3 million during the week of June 23-27, according to a press release statement issued Monday.
The Danish bank paid an average price of DKK 1,360.33 per share during the week. The purchases were made as part of the bank’s share buyback program announced on June 2, 2025, which aims to repurchase shares worth up to DKK 1 billion, with a maximum limit of 1,600,000 shares, by January 30, 2026.
With the latest transactions, Ringkjøbing Landbobank has now bought back a total of 104,200 shares for DKK 140.8 million under the current program. Including shares repurchased under a previous buyback program executed between January 28 and May 28, 2025, the bank now holds 518,400 of its own shares, representing 2.04% of its share capital.
The buyback program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" regulation, including EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052.
The bank’s trading portfolio and investments made on behalf of customers are excluded from these figures.
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