Sydbank share buyback programme: transactions in week 25

by insideout

        

Company Announcement No 25/2024

Peberlyk 4
6200 Aabenraa
Denmark

Tel +45 74 37 37 37
Fax +45 74 37 35 36

Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk

24 June 2024  

Dear Sirs

Sydbank share buyback programme: transactions in week 25
On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

  Number of shares VWAP Gross value (DKK)
Accumulated, most recent
Announcement

1,081,000

 

394,550,460.00

17 June 2024
18 June 2024
19 June 2024
20 June 2024
21 June 2024
13,000
13,000
10,000
10,000
11,000
363.49
366.95
376.98
373.08
367.44
4,725,370.00
4,770,350.00
3,769,800.00
3,730,800.00
4,041,840.00
Total over week 25 57,000   21,038,160.00
Total accumulated during the
share buyback programme

1,138,000

 

415,588,620.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 1,141,104 own shares, equal to 2.09% of the Bank’s share capital.

Yours sincerely
        
Karen Frøsig        Jørn Adam Møller
CEO        Deputy Group Chief Executive

Attachment

Source: Crypto Insider

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