Sydbank A/S (GB:0MGE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sydbank A/S announced the implementation of a share buyback program worth 1.2 billion DKK, which began on March 4, 2024, and is set to conclude by January 31, 2025. Aimed at reducing the company’s share capital, the program follows the EU’s Safe Harbour regulations. As part of this program, Sydbank has repurchased 93,000 shares in the past week, resulting in an accumulated total buyback of 2.336 million shares, now owning 4.28% of its own shares.
For further insights into GB:0MGE stock, check out TipRanks’ Stock Analysis page.
