Sydbank A/S (GB:0MGE) has released an update.
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Sydbank A/S continues its share buyback program, purchasing 71,000 shares in the 48th week, bringing the total value of the buyback to over DKK 1 billion. This initiative, managed by Danske Bank, aims to reduce Sydbank’s share capital, reflecting a strategic move to enhance shareholder value. The bank now holds 2,945,141 own shares, accounting for 5.39% of its share capital.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.
