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COPENHAGEN - Ringkjøbing Landbobank has purchased 33,000 of its own shares for a total of DKK 44.2 million in the past week as part of its ongoing share buyback program, according to a statement released Monday.
The Danish bank acquired the shares at an average price of DKK 1,339.30 per share between June 16 and June 20, 2025. The transactions were executed as part of the bank’s DKK 1 billion share buyback program announced on June 2, which is scheduled to run until January 30, 2026.
With these latest purchases, Ringkjøbing Landbobank has now bought back a total of 79,000 shares worth DKK 106.5 million under the current program. The bank now holds 493,200 of its own shares, representing 1.94% of its share capital, excluding shares in its trading portfolio and investments made on behalf of customers.
The share buyback program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" framework for such transactions.
The bank previously completed another share buyback program between January and May 2025, during which it acquired 414,200 shares for approximately DKK 500 million.
The information is based on a press release statement from the bank.
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