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Sydbank Advances in Share Buyback Program

Sydbank Advances in Share Buyback Program

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

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Sydbank has announced progress in its share buyback program aimed at reducing its share capital, with 77,000 shares repurchased last week for a total of approximately 25.65 million Danish kroner. This brings the total number of shares repurchased under the program to 2,496,000, representing 4.57% of the bank’s share capital, as part of a plan that started in March 2024 and will conclude by January 2025.

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

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