Aabenraa, Denmark, 2015-05-04 08:55 CEST (GLOBE NEWSWIRE) --
On 10 April 2015 Sydbank announced a share buy-back programme of DKK 500m. The share buy-back commenced on 13 April 2015 and will be completed by 31 December 2015.
The purpose of the share buy-back programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of the European Commission’s Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation.
The following transactions have been made under the share buy-back programme:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 179,000 | 44,402,615 | |
| 27 April 2015 28 April 2015 29 April 2015 30 April 2015 Holiday | 16,300 17,500 25,000 25,000 | 261.04 258.38 248.61 249.35 | 4,254,952 4,521,650 6,215,250 6,233,750 |
| Total over week 18 | 83,800 | 21,225,602 | |
| Total accumulated during the share buy-back programme | 262,800 | 65,628,217 |
Following the above transactions, Sydbank holds a total of 1,089,812 own shares, equal to 1.47% of the Bank’s share capital.
