Workflow
Sydbank A/S share buyback programme: transactions in week 31
Globenewswireยท2025-08-04 07:56

Group 1 - The core purpose of the share buyback programme is to reduce the share capital of Sydbank A/S, which was announced on 26 February 2025 with a total value of DKK 1,350 million [1][2] - The share buyback programme commenced on 3 March 2025 and is scheduled to be completed by 31 January 2026 [1] - As of week 31, a total of 60,000 shares were repurchased, bringing the accumulated total to 1,403,000 shares, with a gross value of DKK 608,802,980 [2][3] Group 2 - The transactions were executed in compliance with the Safe Harbour rules as per Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052 [2] - The average price per share for the transactions in week 31 ranged from DKK 478.02 to DKK 486.43, with a total gross value of DKK 28,901,160 for that week [2] - Following the transactions, Sydbank A/S holds a total of 1,407,316 own shares, which is equivalent to 2.74% of the Bank's share capital [3]