Sydbank A/S Executes Major Stock Buyback

Sydbank A/S (GB:0MGE) has released an update.

Sydbank A/S has announced the execution of a stock buyback program worth 1.2 billion DKK, initiated on March 4, 2024, with completion aimed by January 31, 2025, to reduce its share capital. During week 35, under this program, Sydbank purchased a total of 96,000 shares for a sum of 32.67 million DKK, bringing the total acquired to 1.891 million shares. Post transactions, the bank now holds 1.895 million of its own shares, representing 3.47% of its total share capital.

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