Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced the implementation of a share buyback program, initiated on March 4, 2024, with the aim of reducing the bank’s share capital. By week 36, the bank has repurchased 94,000 shares at an average price, accumulating to a transaction value of 31.975 million DKK, bringing the total buyback expenditure to 713.501 million DKK. Following the transactions, Sydbank now owns 2.012 million of its own shares, equating to 3.68% of its share capital.
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