Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S, as part of its ongoing share buyback programme, acquired an additional 64,000 shares in the past week, bringing the total to 3,006,000 shares since the programme’s inception. This strategic move, aimed at reducing share capital, aligns with EU market regulations and demonstrates the bank’s commitment to enhancing shareholder value. Currently, the bank holds 5.50% of its own share capital.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.