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COPENHAGEN - Danish bank Ringkjøbing Landbobank has purchased 19,000 shares for approximately DKK 27.3 million during the 31st week of its ongoing share buyback program, according to a statement released Monday.
The transactions, executed between July 28 and August 1, 2025, were made at an average price of approximately DKK 1,438 per share. The bank has now repurchased a total of 204,700 shares for DKK 282.9 million under the current program, which was launched on June 2, 2025.
The current buyback initiative allows for repurchases of 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.
Including shares acquired during a previous buyback program executed between January and May 2025, Ringkjøbing Landbobank now holds 618,900 of its own shares, representing 2.44% of the company’s share capital. This figure excludes shares in the bank’s trading portfolio and investments made on behalf of customers.
The share repurchase 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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