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Sydbank A/S Advances Share Buyback Program

Sydbank A/S Advances Share Buyback Program

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

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Sydbank A/S announced the execution of its DKK 1,200m share buyback program, with the aim of reducing the company’s share capital within the framework of the Safe Harbour rules. During week 16, the bank completed transactions totaling 84,000 shares for a gross value of DKK 30,438,560, increasing its total own shares to 4.25% of its share capital. The buyback program is set to finish by the end of January 2025.

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

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