Core Viewpoint - Sydbank A/S has initiated a share buyback program amounting to DKK 1,350 million, aimed at reducing its share capital, with the program set to run from March 3, 2025, to January 31, 2026 [1][2]. Summary by Sections Share Buyback Program - The share buyback program is compliant 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 the most recent announcement, a total of 1,288,000 shares have been accumulated under the program, with a gross value of DKK 553,835,560 [2]. Weekly Transactions - During week 30, Sydbank A/S repurchased a total of 55,000 shares, with a gross value of DKK 26,066,260 [2]. - The weekly transactions included: - July 21, 2025: 11,000 shares at DKK 474.74 - July 22, 2025: 11,000 shares at DKK 471.02 - July 23, 2025: 11,000 shares at DKK 473.09 - July 24, 2025: 11,000 shares at DKK 477.09 - July 25, 2025: 11,000 shares at DKK 473.72 [2]. Total Accumulated Shares - The total number of shares repurchased during the entire buyback program has reached 1,343,000, with a total gross value of DKK 579,901,820 [2]. - Following these transactions, Sydbank A/S holds a total of 1,343,637 own shares, representing 2.62% of the bank's share capital [4][5].
Sydbank A/S share buyback programme: transactions in week 30
Globenewswireยท2025-07-28 08:08