Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced progress in its DKK 1,200m share buyback program, aimed at reducing the bank’s share capital. The program, which complies with EU Safe Harbour rules, saw transactions totaling 52,000 shares in week 26, contributing to a total of 1,196,008 shares bought back to date. The bank now holds 2.19% of its own shares, signaling a strategic move to bolster shareholder value.
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