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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 a share buyback program, initiated on March 4, 2024, with the aim of reducing its share capital. Under the program, which is set to conclude by January 31, 2025, the bank has purchased 83,000 shares in the past week, amounting to a transaction value of 27.065 million DKK. Following these transactions, Sydbank now owns 2.418 million of its own shares, representing 4.43% of its total share capital.

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

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