Sydbank share buyback programme: transactions in week 48

        













Company Announcement No 57/2024

Peberlyk 4
6200 Aabenraa
Denmark



Tel +45 74 37 37 37
Fax +45 74 37 35 36



Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk





2 December 2024  

Dear Sirs

Sydbank share buyback programme: transactions in week 48
On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

  Number of shares VWAP Gross value (DKK)
Accumulated, most recent
Announcement


2,871,000
 

1,010,786,940.00
25 November 2024
26 November 2024
27 November 2024
28 November 2024
29 November 2024
15,000
15,000
15,000
13,000
13,000
352.15
349.74
347.27
351.89
350.25

5,282,250.00
5,246,100.00
5,209,050.00
4,574,570.00
4,553,250.00

Total over week 48 71,000   24,865,220.00
Total accumulated during the
share buyback programme


2,942,000
 

1,035,652,160.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,945,141 own shares, equal to 5.39% of the Bank’s share capital.

Yours sincerely
        
Mark Luscombe        Jørn Adam Møller
CEO        Deputy Group Chief Executive

Attachment

  • SM 57 UK incl. encl

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