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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.

Elevate Your Investing Strategy:

Sydbank A/S has announced progress in its share buyback program, revealing transactions from the past week that contribute to its goal of reducing share capital. The program, which was initiated on February 28, 2024, with a budget of DKK 1,200m, has reached a total of 660,000 shares repurchased to date. The bank now holds 1.21% of its own shares, with the buyback set to conclude on January 31, 2025.

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

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