Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced a share buyback program involving the repurchase of 1.430 million shares at an average price, totaling over 522 million kr. This move, part of a plan to reduce the bank’s share capital, is being conducted under the EU’s Safe Harbour regulations and will conclude by January 31, 2025. Following the buyback transactions, Sydbank now owns 2.62% of its own shares.
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