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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 has announced a significant share buyback program, set to run until January 2025, with the aim of reducing the bank’s share capital. Throughout week 35, the bank carried out transactions totaling 96,000 shares for a gross value of DKK 32.7 million, bringing the program’s cumulative buybacks to 1,891,000 shares. As a result of these transactions, Sydbank now holds 3.47% of its own shares in capital.

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

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