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Sydbank Continues Share Buyback Program with Recent Transactions
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Sydbank Continues Share Buyback Program with Recent Transactions

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

Sydbank A/S announced its ongoing share buyback program, initially declared in February 2024, with a total value of DKK 1,200 million, which will conclude by the end of January 2025. As part of this program, Sydbank has repurchased 179,000 shares over the past week, accumulating a total of 3,148,000 shares, representing 5.76% of the bank’s share capital. The purpose of the buyback is to reduce the share capital, aligning with the Safe Harbour rules, and these transactions were facilitated by Danske Bank A/S.

More about Sydbank A/S

Sydbank A/S is a financial services company based in Denmark, focusing on banking services and related financial products. It operates within the banking industry and aims to serve a diverse range of clients in the Danish market.

YTD Price Performance: 31.41%

Average Trading Volume: 20,159

Technical Sentiment Consensus Rating: Sell

Current Market Cap: DKK18.96B

See more data about 0MGE stock on TipRanks’ Stock Analysis page.

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