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Sydbank A/S ( (GB:0MGE) ) has provided an update.
Sydbank A/S has been executing a share buyback programme aimed at reducing its share capital, which started on 4 March 2024 and is set to conclude by 31 January 2025. Recently, transactions amounting to a total gross value of DKK 22,621,200 were executed under the programme, bringing the accumulated value to DKK 1,186,257,800. This initiative is in compliance with EU regulations and positions the bank for strategic capital management, potentially impacting shareholder value by increasing ownership concentration.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Denmark, offering banking services and products primarily within the financial sector.
YTD Price Performance: -1.00%
Average Trading Volume: 37,824
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: DKK19.97B
See more insights into 0MGE stock on TipRanks’ Stock Analysis page.
