Aabenraa, Denmark, 2015-08-17 09:04 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 | 1,235,600 |
312,440,025.00 |
|
|
10 August 2015 11 August 2015 12 August 2015 13 August 2015 14 August 2015 |
7,000 7,000 8,420 10,000 6,500 | 264.02 265.25 258.39 260.16 264.61 | 1,848,140.00 1,856,750.00 2,175,643.80 2,601,600.00 1,719,965.00 |
| Total over week 33 | 38,920 | 10.202,098.80 | |
| Total accumulated during the share buy-back programme | 1,274,520 |
322.642,123.80 |
Following the above transactions, Sydbank holds a total of 2.081.094 own shares, equal to 2.80% of the Bank’s share capital.
