Sydbank A/S (GB:0MGE) has released an update.
Sydbank A/S announced the implementation of a share buyback program worth 1.2 billion DKK, which began on March 4, 2024, and is set to conclude by January 31, 2025. Aimed at reducing the company’s share capital, the program follows the EU’s Safe Harbour regulations. As part of this program, Sydbank has repurchased 93,000 shares in the past week, resulting in an accumulated total buyback of 2.336 million shares, now owning 4.28% of its own shares.
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