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Jyske Bank Continues Strategic Share Repurchase Programme

Story Highlights
  • Jyske Bank is executing a share repurchase programme worth up to DKK 2.25 billion.
  • The bank now holds 5.40% of its share capital as treasury shares, enhancing market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jyske Bank Continues Strategic Share Repurchase Programme

Jyske Bank A/S ( (GB:0MGD) ) just unveiled an announcement.

Jyske Bank A/S has announced its ongoing share repurchase programme, which began on February 26, 2025, and will continue until January 30, 2026. The bank plans to acquire shares worth up to DKK 2.25 billion under this programme, adhering to the EU’s Market Abuse Regulation. As of the latest update, the bank has purchased 705,173 shares, amounting to a total transaction value of DKK 373,267,661. Following these transactions, Jyske Bank holds 5.40% of its share capital as treasury shares. This strategic move is likely to impact the company’s market positioning by potentially enhancing shareholder value and optimizing capital structure.

More about Jyske Bank A/S

Jyske Bank A/S is a financial services company operating in the banking industry, primarily offering banking and financial products and services. The company focuses on providing comprehensive financial solutions to its clients, including personal banking, corporate banking, and investment services.

YTD Price Performance: 0.55%

Average Trading Volume: 16,111

Technical Sentiment Signal: Buy

Current Market Cap: DKK31.62B

For detailed information about 0MGD stock, go to TipRanks’ Stock Analysis page.

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