Sydbank A/S Progresses with Share Buyback Plan

Sydbank A/S (GB:0MGE) has released an update.

Sydbank A/S has announced transactions under its DKK 1,200m share buyback programme initiated on February 28, 2024, aiming to reduce the company’s share capital by January 31, 2025, in accordance with EU Safe Harbour rules. During week 39, the bank bought back 80,000 shares for a total value of DKK 26,956,410, bringing the total accumulated shares bought to 2,243,000 at a gross value of DKK 799,925,160. Sydbank now holds 2,325,322 of its own shares, corresponding to 4.26% of its share capital.

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