Sydbank A/S continues share buyback program

Published 10/06/2025, 09:06
Sydbank A/S continues share buyback program

AABENRAA, Denmark - Sydbank A/S has reported further transactions under its current share buyback program, which was initially announced on February 26, 2025. The program, with an allocation of 1.35 billion Danish kroner, commenced on March 3, 2025, and is set to conclude by January 31, 2026. The purpose of the buyback is to reduce the bank’s share capital in accordance with the Safe Harbour regulations of the European Union.

In the 23rd week of the program, Sydbank A/S purchased 50,000 shares at an average price of 444.91 Danish kroner per share, amounting to a total transaction value of 22.2 million Danish kroner. Since the last announcement, this brings the total number of shares acquired under the program to 983,000, at a cumulative value of approximately 413.9 million Danish kroner.

The transactions were conducted by Danske Bank (CSE:DANSKE) A/S on behalf of Sydbank A/S and involved shares with ISIN DK 0010311471. Following these recent purchases, Sydbank A/S now holds a total of 983,283 shares, corresponding to 1.92% of the bank’s share capital.

This information is based on a press release statement and provides a factual overview of Sydbank A/S’s ongoing share buyback activities. The detailed transactions are available as an attachment to the press release, in compliance with the EU Market Abuse Regulation and the Commission’s delegated regulation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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