Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced the execution of its share buyback program with the goal of reducing the bank’s share capital, with a total expenditure of DKK 522,986,710 to repurchase 1,430,000 shares to date. The program, which aligns with Safe Harbour rules, began on March 4, 2024, and will conclude by January 31, 2025. Following the recent transactions, Sydbank now holds 2.62% of its own shares.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.