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]. Summary by Sections Share Buyback Program - 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 the most recent announcement, a total of 1,454,000 shares have been accumulated, with a gross value of DKK 633,859,450 [2]. Transactions Overview - In week 33, the following transactions were recorded: - August 11, 2025: 11,000 shares at a VWAP of 511.26, gross value DKK 5,623,860 - August 12, 2025: 10,000 shares at a VWAP of 517.93, gross value DKK 5,179,300 - August 13, 2025: 10,000 shares at a VWAP of 519.97, gross value DKK 5,199,700 - August 14, 2025: 10,000 shares at a VWAP of 527.58, gross value DKK 5,275,800 - August 15, 2025: 10,000 shares at a VWAP of 532.40, gross value DKK 5,324,000 - Total shares bought back in week 33 amounted to 51,000, with a total gross value of DKK 26,602,660 [2]. Accumulated Transactions - The total number of shares accumulated during the entire share buyback program stands at 1,505,000, with a gross value of DKK 660,462,110 [2]. - Following these transactions, Sydbank A/S holds a total of 1,505,761 own shares, representing 2.94% of the bank's share capital [3].
Sydbank A/S share buyback programme: transactions in week 33
Globenewswireยท2025-08-18 08:02