Sydbank share buyback programme: transactions in week 48
02 Dezember 2024 - 11:41AM
UK Regulatory
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
Sydbank AS (TG:TM2)
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