Aabenraa, Denmark, 2015-07-13 08:56 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 | 871,300 | 221,473,292 | |
|
06 July 2015 07 July 2015 08 July 2015 09 July 2015 10 July 2015 |
21,500 22,000 23,000 20,000 18,000 |
242.97 242.34 236.99 238.73 244.26 | 5,223,855 5,331,480 5,450,770 4,774,600 4,396,680 |
| Total over week 28 | 104,500 | 25,177,385 | |
| Total accumulated during the share buy-back programme | 975,800 | 246,650,677 |
Following the above transactions, Sydbank holds a total of 1,760,491 own shares, equal to 2.37% of the Bank’s share capital.
