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Sydbank A/S Advances Share Buyback Program
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Sydbank A/S Advances Share Buyback Program

Sydbank A/S (GB:0MGE) has released an update.

Sydbank A/S has been actively executing its share buyback program, with the latest transactions in week 29 amounting to a total investment of DKK 23,295,800 for 64,000 shares. This brings the total shares bought back under the program to 1,368,000, representing an aggregate investment of DKK 500,230,890. The bank now holds 2.51% of its own shares as part of the initiative aimed at reducing its share capital in accordance with EU regulations.

For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.

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