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Sydbank A/S ( (GB:0MGE) ) just unveiled an update.
Sydbank A/S announced the continuation of its share buyback program, initially disclosed in February 2024, with the aim of reducing its share capital. The program, which adheres to EU regulations known as Safe Harbour rules, has seen significant transactions recently, leaving Sydbank with a total of 3,350,124 own shares, equivalent to 6.13% of its share capital. The recent transactions, conducted by Danske Bank A/S on behalf of Sydbank, involved the purchase of 60,000 shares in the third week of 2025, showcasing the bank’s strategic effort to optimize its financial structure and shareholder value.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Denmark, primarily engaged in providing banking services. The company focuses on offering a range of financial products tailored to both private and corporate clients, operating under regulatory frameworks that ensure market stability.
YTD Price Performance: -1.00%
Average Trading Volume: 37,824
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: DKK19.97B
Find detailed analytics on 0MGE stock on TipRanks’ Stock Analysis page.