Core Points - Sydbank has initiated a share buyback programme amounting to DKK 1,350 million, which started on 3 March 2025 and is set to conclude by 31 January 2026 [1][2] - The purpose of the share buyback is to reduce the share capital of Sydbank, adhering to the Safe Harbour rules as per EU regulations [2] - As of week 15, a total of 143,000 shares were repurchased, bringing the cumulative total to 503,000 shares, with a gross value of DKK 205,570,180 [2][4] Transaction Details - The transactions for week 15 included: - 30,000 shares on 07 April 2025 at a VWAP of 357.99, totaling DKK 10,739,700 - 30,000 shares on 08 April 2025 at a VWAP of 373.69, totaling DKK 11,210,700 - 33,000 shares on 09 April 2025 at a VWAP of 366.11, totaling DKK 12,081,630 - 25,000 shares on 10 April 2025 at a VWAP of 383.41, totaling DKK 9,585,250 - 25,000 shares on 11 April 2025 at a VWAP of 381.72, totaling DKK 9,543,000 [2] - The total gross value of shares repurchased in week 15 amounted to DKK 53,160,280 [2] Current Holdings - Following the share buyback transactions, Sydbank now holds a total of 3,890,670 own shares, which represents 7.12% of the bank's share capital [4]
Sydbank share buyback programme: transactions in week 15
Globenewswire·2025-04-14 08:53