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The latest update is out from Sydbank A/S ( (GB:0MGE) ).
Sydbank A/S has announced transactions related to its share buyback program, initially declared in February 2024, with a total buyback value of DKK 1,200 million. This initiative aims to reduce the bank’s share capital, and recent transactions executed by Danske Bank A/S have brought the bank’s holdings to approximately 5.62% of its share capital, reflecting a strategic move to consolidate its market position.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Aabenraa, Denmark, offering banking services and products. The company focuses on reducing its share capital through strategic financial operations, maintaining a significant presence in the European financial market.
YTD Price Performance: 41.60%
Average Trading Volume: 18,292
Technical Sentiment Consensus Rating: Sell
Current Market Cap: DKK20.1B
See more data about 0MGE stock on TipRanks’ Stock Analysis page.
