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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 the execution of its share buyback program, with transactions amounting to a gross value of DKK 31,457,190 for week 37, as part of a larger DKK 1,200m initiative aimed at reducing the company’s share capital. The program, which began on March 4, 2024, and will end on January 31, 2025, is being carried out in accordance with EU Safe Harbour rules. Following the latest transactions, Sydbank now holds 2,130,721 of its own shares, corresponding to 3.90% of its share capital.

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

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