Share buyback programme – week 21

Core Viewpoint - The company has initiated a share buyback program, which will run from January 28, 2025, to May 28, 2025, with a total budget of up to DKK 500 million for repurchasing shares, limited to a maximum of 800,000 shares [1]. Summary by Sections Share Buyback Program Details - The share buyback program is compliant with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2]. - As of the latest announcement, a total of 381,300 shares were repurchased at an average price of DKK 1,195.36, totaling DKK 455,791,199 [2]. - Additional transactions include: - May 19, 2025: 5,200 shares at DKK 1,340.75, totaling DKK 6,971,900 - May 20, 2025: 5,000 shares at DKK 1,352.38, totaling DKK 6,761,900 - May 21, 2025: 4,500 shares at DKK 1,350.93, totaling DKK 6,079,185 - May 22, 2025: 4,500 shares at DKK 1,338.60, totaling DKK 6,023,700 - May 23, 2025: 4,300 shares at DKK 1,341.90, totaling DKK 5,770,170 - Cumulatively, 404,800 shares have been repurchased under the program, representing 1.59% of the bank's share capital, with an average purchase price of DKK 1,204.05 and a total expenditure of DKK 487,398,054 [2]. Transaction Details - Detailed transaction records for the reporting days are provided, including volumes, prices, venues, and timestamps, indicating a structured approach to the buyback process [3][4][5][6][7][8][9][10].