Sydbank A/S share buyback programme is terminated
Globenewswire·2025-10-27 16:43

Core Points - Sydbank A/S has terminated its share buyback program, which was initially announced on 26 February 2025 for DKK 1,350 million [1][2] - As of the termination date, a total of DKK 1,000 million worth of shares have been repurchased, equating to 2,172,000 shares [1][2] - The termination of the buyback program is linked to a merger agreement involving Sydbank, Arbejdernes Landsbank, and Vestjysk Bank [2] Summary by Sections - Share Buyback Program: The program was set for DKK 1,350 million, with DKK 1,000 million repurchased by the termination date [1][2] - Merger Agreement: The termination of the buyback is a result of a merger agreement with Arbejdernes Landsbank and Vestjysk Bank [2] - Extraordinary General Meeting: A proposal will be made at the extraordinary general meeting on 4 December 2025 to reduce the company's share capital based on the shares repurchased [2]

Sydbank A/S share buyback programme is terminated - Reportify