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 1,769,000 shares have been repurchased, with a gross value of DKK 792,985,560 [2]. - In week 38, a total of 62,000 shares were bought back, with a gross value of DKK 30,916,580 [2]. Transaction Details - Specific transactions during week 38 include: - September 15: 12,000 shares at DKK 497.98 - September 16: 12,000 shares at DKK 498.00 - September 17: 12,000 shares at DKK 498.00 - September 18: 12,000 shares at DKK 499.15 - September 19: 14,000 shares at DKK 499.93 [2]. - The total accumulated shares repurchased during the program now stands at 1,831,000, with a total gross value of DKK 823,902,140 [2]. Current Holdings - Following the transactions, Sydbank A/S currently holds 1,871,963 own shares, which represents 3.65% of the bank's share capital [3].
Sydbank A/S share buyback programme: transactions in week 38
Globenewswireยท2025-09-22 09:13