Sydbank A/S (GB:0MGE) has released an update.
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Sydbank A/S has reported transactions from its ongoing share buyback program, initiated on February 28, 2024, with the aim of reducing share capital, in compliance with EU regulations. In the 17th week of the program, the bank purchased 85,000 shares for a total of approximately DKK 30.6 million, bringing the total acquired to 573,000 shares since the program’s start. As a result, Sydbank now holds 4.41% of its own shares, with the buyback set to conclude by January 31, 2025.
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