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AABENRAA, Denmark - Sydbank A/S has disclosed a series of transactions under its current share buyback program, which was initially announced on February 26, 2025. The program, aimed at reducing the bank’s share capital, commenced on March 3, 2025, and is set to conclude by January 31, 2026, following the Safe Harbour regulations of the European Union.
During the 22nd week of the year, Sydbank A/S bought back 38,000 shares at an average price of 442.83 Danish kroner per share, amounting to a total transaction value of 16.827 million kroner. These transactions were executed by Danske Bank (CSE:DANSKE) A/S on behalf of Sydbank A/S and took place over three days, with no activity recorded on the holiday and bank closure dates of May 29 and May 30, respectively.
Following these latest transactions, the accumulated number of shares repurchased since the last announcement on May 26, 2025, has reached 933,000 shares, representing a total investment of 391.688 million kroner. As a result of the buyback activities, Sydbank now holds 938,074 of its own shares, corresponding to 1.83% of the bank’s total share capital.
The share buyback transactions were carried out under the ISIN code DK 0010311471. Further details regarding the transactions, as required by EU regulations on market abuse, are provided in the attached annex to the press release.
This information is based on a press release statement issued by Sydbank A/S.
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