Sydbank A/S (GB:0MGE) has released an update.
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Sydbank continues its strategic share buyback program, having repurchased 87,000 shares in the 44th week of 2024, totaling a value of DKK 28.1 million. This initiative, aimed at reducing the bank’s share capital, has accumulated 2,657,000 shares so far, representing 4.86% of the bank’s share capital. The transactions are executed under EU Safe Harbour rules, highlighting Sydbank’s commitment to maintaining market integrity.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.
