Aabenraa, Denmark, 2015-07-27 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 | 1,039,800 |
262,810,267 |
|
|
20 July 2015 21 July 2015 22 July 2015 23 July 2015 24 July 2015 |
11,000 14,000 16,000 18,000 17,000 | 252.80 250.54 251.86 250.38 250.85 | 2,780,800 3,507,560 4,029,760 4,506,840 4,264,450 |
| Total over week 30 | 76,000 | 19,089,410 | |
| Total accumulated during the share buy-back programme | 1,115,800 |
281,899,677 |
Following the above transactions, Sydbank holds a total of 1,920,799 own shares, equal to 2.59% of the Bank’s share capital.
