Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S has announced the execution of a share buyback program worth 1.2 billion DKK, initiated on March 4, 2024, with completion aimed by January 31, 2025. The purpose is to reduce the bank’s share capital, complying with EU Safe Harbour regulations. During week 28, the bank acquired 57,000 shares, contributing to a total of 1,304,000 shares bought back, which now represents 2.39% of Sydbank’s total share capital.
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