Aabenraa, 2015-06-29 09:01 CEST (GLOBE NEWSWIRE) -- Sydbank share buy-back programme: transactions in week 26
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 |
738,300 |
187,233,102 |
|
|
22 June 2015 23 June 2015 24 June 2015 25 June 2015 26 June 2015 |
13,000 11,000 10,000 12,000 11,000 |
258.37 262.76 262.07 265.80 263.62 |
3,358,810 2,890,360 2,620,700 3,189,600 2,899,820 |
| Total over week 26 | 57,000 | 14,959,290 | |
| Total accumulated during the share buy-back programme |
795,300 |
202,192,392 |
Following the above transactions, Sydbank holds a total of 1,599,209 own shares, equal to 2.15% of the Bank’s share capital.
Yours sincerely
Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive
