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COPENHAGEN - Ringkjøbing Landbobank purchased 23,800 of its own shares for approximately DKK 8 million during the week of June 9-13, as part of its ongoing share buyback program, according to a press release statement.
The Danish bank acquired the shares at an average price of DKK 1,353.60 per share. The transactions were executed across five trading days, with no purchases made on June 9.
Since launching the current buyback program on June 2, Ringkjøbing Landbobank has repurchased a total of 46,400 shares for DKK 62.8 million. Combined with a previous buyback program executed between January 28 and May 28, the bank has acquired 460,600 shares in 2025, representing 1.81% of its share capital.
The current share repurchase initiative will continue through January 30, 2026, with the bank planning to buy back shares worth up to DKK 1 billion, with a maximum limit of 1.6 million shares.
The program is being implemented in compliance with EU regulations that constitute the "Safe Harbour" framework for share buybacks.
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