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AABENRAA, Denmark - Sydbank A/S reported on its ongoing stock repurchase program, which has been active since March 3, 2025. The program, aimed at reducing the bank’s share capital, will continue until January 31, 2026, at the latest. In the past week, the bank acquired a total of 64,000 shares for a transaction value of 26.35 million Danish kroner.
This initiative is part of a larger buyback plan announced on February 26, 2025, with a total budget of 1.35 billion Danish kroner. Sydbank has conducted these transactions under the EU’s Market Abuse Regulation (MAR) and the Commission Delegated Regulation (EU) 2016/1052, commonly referred to as the Safe Harbour rules.
Throughout the duration of the program, Sydbank has accumulated 627,000 shares, amounting to a total value of 260.16 million Danish kroner. Following the recent transactions, the bank now holds 4,011,289 shares, representing 7.34% of its total share capital.
The transactions were executed through Danske Bank (CSE:DANSKE) A/S on behalf of Sydbank and involved shares traded under ISIN DK 0010311471. Additional details regarding the individual transactions are available in the accompanying annex to the press release statement.
The information provided in this article is based on a press release statement from Sydbank A/S.
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