Core Viewpoint - Sydbank A/S has initiated a share buyback program amounting to DKK 1,350 million, aimed at reducing its share capital, which commenced on March 3, 2025, and is set to conclude by January 31, 2026 [1][2]. Group 1: Share Buyback Program Details - The share buyback program is executed in compliance with EU regulations, specifically Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052, known as the Safe Harbour rules [2]. - As of week 23, a total of 50,000 shares were repurchased, with a gross value of DKK 22,245,690 [2]. - The accumulated total of shares repurchased during the program stands at 983,000, with a gross value of DKK 413,934,050 [2]. Group 2: Transaction Summary - The transactions for week 23 included the following: - June 2, 2025: 13,000 shares at a VWAP of 444.21, gross value DKK 5,774,730 - June 3, 2025: 12,000 shares at a VWAP of 442.90, gross value DKK 5,314,800 - June 4, 2025: 12,000 shares at a VWAP of 443.61, gross value DKK 5,323,320 - June 6, 2025: 13,000 shares at a VWAP of 448.68, gross value DKK 5,832,840 [2]. - Following these transactions, Sydbank A/S holds a total of 983,283 own shares, representing 1.92% of the bank's share capital [4].
Sydbank A/S share buyback programme: transactions in week 23
Globenewswireยท2025-06-10 07:58