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 301,300 shares have been repurchased at an average price of DKK 1,413.31, amounting to DKK 425,829,252 [2]. - The total number of shares repurchased under the program from January 28, 2025, to May 28, 2025, was 414,200 shares at an average price of DKK 1,207.12, totaling DKK 499,988,706 [2]. - Overall, the bank has repurchased 715,500 shares, representing 2.82% of its share capital [2]. Transaction Details - The transactions conducted on September 1, 2025, included the purchase of 4,500 shares on multiple occasions at prices ranging from DKK 1,441.90 to DKK 1,451.91, contributing to the total repurchase under the program [2][4]. - Detailed transaction records indicate multiple purchases throughout the day, with varying volumes and prices, reflecting active management of the buyback program [4][5][6][7][8][9][10][11][12][13].
Share buyback programme - week 36
Globenewswire·2025-09-08 06:38