Core Viewpoint - The company, Ringkjøbing Landbobank, has initiated a share buyback program with a total budget of up to DKK 1,000 million, aiming to repurchase a maximum of 1,600,000 shares from June 2, 2025, to January 30, 2026 [1][2]. 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 694,000 shares have been repurchased, representing 2.73% of the bank's share capital [2]. Transaction Summary - The total number of shares purchased under the program is 279,800 at an average price of DKK 1,410.58, amounting to DKK 394,680,957 [2]. - The transactions conducted on specific dates include: - August 25, 2025: 3,500 shares at an average price of DKK 1,510.63 - August 26, 2025: 3,700 shares at an average price of DKK 1,490.92 - August 27, 2025: 3,900 shares at an average price of DKK 1,476.98 - August 28, 2025: 3,900 shares at an average price of DKK 1,465.98 - August 29, 2025: 4,500 shares at an average price of DKK 1,434.56 [2]. Total Buyback Overview - The total shares bought back from January 28, 2025, to May 28, 2025, were 414,200 at an average price of DKK 1,207.12, totaling DKK 499,988,706 [2]. - Cumulatively, the bank has repurchased 694,000 shares at an average price of DKK 1,289.15, amounting to DKK 894,669,663 [2].
Share buyback programme - week 35
Globenewswire·2025-09-01 07:36