Aabenraa, Denmark, 2015-08-10 08:54 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 | 1,204,800 |
304,249,197 |
|
|
3 August 2015 4 August 2015 5 August 2015 6 August 2015 7 August 2015 |
6,800 8,000 5,000 5,000 6,000 | 260.41 265.90 270.79 268.59 265.99 | 1,770,788 2,127,200 1,353,950 1,342,950 1,595,940 |
| Total over week 32 | 30,800 | 8,190,828 | |
| Total accumulated during the share buy-back programme | 1,235,600 |
312,440,025 |
Following the above transactions, Sydbank holds a total of 2.033.657 own shares, equal to 2,74% of the Bank’s share capital.
