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Sydbank A/S ( (GB:0MGE) ) has issued an announcement.
Sydbank A/S has announced a share buyback programme with a total value of DKK 1,350 million, which commenced on 3 March 2025 and is set to conclude by 31 January 2026. The programme aims to reduce the share capital of Sydbank and is conducted in accordance with EU regulations. During the 17th week of the programme, Sydbank repurchased 64,000 shares, bringing the total accumulated shares repurchased to 627,000. This strategic move is expected to impact the company’s share capital and potentially enhance shareholder value.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Denmark, primarily engaged in providing banking services. The company focuses on offering a range of financial products and services to individuals, businesses, and institutions, positioning itself as a key player in the Danish banking sector.
YTD Price Performance: 17.19%
Average Trading Volume: 22,847
Technical Sentiment Signal: Sell
Current Market Cap: DKK22.11B
Learn more about 0MGE stock on TipRanks’ Stock Analysis page.