Sydbank executes share buyback in week 13

Published 31/03/2025, 14:28
Sydbank executes share buyback in week 13

AABENRAA, Denmark - Sydbank A/S has reported transactions under its current share buyback program for week 13, as part of its initiative to reduce its share capital. The program, which was announced on February 26, 2025, began on March 3, 2025, and is scheduled to conclude by January 31, 2026.

The bank has conducted transactions amounting to a total value of 36.35 million DKK in the past week, which involved the acquisition of 83,000 shares at varying prices. Since the last announcement, the bank has cumulatively purchased 251,000 shares for a total of 110.61 million DKK.

The buyback program is being executed in accordance with the Safe Harbour regulations, which include the European Parliament’s regulation (EU) No 596/2014 of April 16, 2014, and the EU Commission’s delegated regulation (EU) 2016/1052 of March 8, 2016.

After the latest transactions, Sydbank now owns a total of 3,648,502 of its own shares, which corresponds to 6.68% of the bank’s share capital. The transactions were carried out by Danske Bank (CSE:DANSKE) A/S on behalf of Sydbank A/S and involved shares traded under ISIN DK 0010311471.

This information is based on a press release statement and provides a factual account of Sydbank’s share buyback activities for the specified period.

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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