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Jyske Bank Commences Multi-Billion Share Buy-Back

Jyske Bank Commences Multi-Billion Share Buy-Back

Jyske Bank A/S (GB:0MGD) has released an update.

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Jyske Bank A/S has launched a share repurchase program running from June 3, 2024, to January 31, 2025, with plans to buy back shares up to a value of DKK 1.5 billion. As part of the program, the bank has already acquired 2,320,345 shares at an average price of DKK 543.91, totaling an investment of DKK 1.262 billion. This buy-back initiative represents 3.61% of Jyske Bank’s share capital and is conducted in accordance with EU regulations to prevent market abuse.

For further insights into GB:0MGD stock, check out TipRanks’ Stock Analysis page.

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