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 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 latest report, a total of 933,000 shares have been repurchased under the program, with a gross value of DKK 391,688,360 [2][4]. Transactions Overview - In week 22, Sydbank A/S repurchased a total of 38,000 shares, amounting to a gross value of DKK 16,827,500 [2]. - The transactions for the week included: - 14,000 shares on May 26, 2025, at a VWAP of 445.69 DKK - 12,000 shares on May 27, 2025, at a VWAP of 442.08 DKK - 12,000 shares on May 28, 2025, at a VWAP of 440.24 DKK [2]. Current Holdings - Following the transactions, Sydbank A/S now holds a total of 938,074 own shares, which represents 1.83% of the bank's share capital [4].
Sydbank A/S share buyback programme: transactions in week 22
GlobeNewswire·2025-06-02 08:57