Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced a share buyback program with transactions in week 29, involving the purchase of 64,000 shares at an average price, amounting to a total transaction value of 23,295,800 DKK. This buyback is part of a larger initiative that commenced on March 4, 2024, with the aim of reducing Sydbank’s share capital, and is expected to conclude by January 31, 2025. Following these transactions, Sydbank now owns 1,371,130 of its own shares, representing 2.51% of the bank’s share capital.
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