The latest announcement is out from Sydbank A/S ( (GB:0MGE) ).
Sydbank A/S has announced the progress of its share buyback programme, which was initiated on 3 March 2025 and aims to repurchase shares worth DKK 1,350 million by 31 January 2026. The buyback is intended to reduce the company’s share capital and is conducted under the Safe Harbour rules. In the eleventh week of the programme, Sydbank repurchased 56,000 shares, bringing the total to 119,000 shares acquired, valued at DKK 52,669,390. This strategic move is expected to impact the company’s share capital structure and could influence market perceptions and stakeholder interests.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Denmark, primarily engaged in providing banking services. The company focuses on offering a wide range of financial products and services to its customers, which include personal banking, corporate banking, and investment services.
YTD Price Performance: 17.54%
Average Trading Volume: 32,018
Technical Sentiment Consensus Rating: Sell
Current Market Cap: DKK23.72B
See more insights into 0MGE stock on TipRanks’ Stock Analysis page.