Sydbank A/S (GB:0MGE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sydbank A/S has announced progress in its share buyback program, with a total of 48,000 shares acquired in week 19, amounting to DKK 17,270,600. This is part of a larger DKK 1,200m buyback initiative aimed at reducing the company’s share capital, which is set to conclude by January 2025. After the recent transactions, Sydbank’s own shareholding has reached 1.30% of its share capital.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.