Workflow
Share buyback programme – week 27
Globenewswire·2025-07-07 06:42

Core Viewpoint - The company has initiated a share buyback program, which will run from June 2, 2025, to January 30, 2026, with a total buyback amount of up to DKK 1,000 million, limited to a maximum of 1,600,000 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 124,500 shares have been purchased under the program at an average price of DKK 1,356.91, amounting to DKK 168,935,303 [2]. - Cumulatively, the bank has bought back 538,700 shares, representing 2.12% of its share capital, with an average purchase price of DKK 1,241.74 [2]. Transaction Details - The transactions conducted on specific dates include: - June 30, 2025: 104,200 shares purchased at an average price of DKK 1,351.29 [2]. - July 1, 2025: 4,300 shares purchased at an average price of DKK 1,373.36 [2]. - July 2, 2025: 4,000 shares purchased at an average price of DKK 1,381.32 [2]. - July 3, 2025: 4,000 shares purchased at an average price of DKK 1,399.23 [2]. - July 4, 2025: 4,000 shares purchased at an average price of DKK 1,390.10 [2]. Ownership and Reporting - Following the transactions, Ringkjøbing Landbobank now holds 538,700 shares under the buyback program, excluding shares in the trading portfolio and customer investments [2]. - Detailed transaction reports are attached to the corporate announcement, providing transparency and compliance with regulatory requirements [2].