Aabenraa, Denmark, 2015-08-24 09:00 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 | 1,274,520 |
322,642,123.80 |
|
|
17 August 2015 18 August 2015 19 August 2015 20 August 2015 21 August 2015 |
5,000 4,000 7,000 20,000 20,000 | 265.03 266.39 251.24 248.37 243.22 | 1,325,150.00 1,065,560.00 1,758,680.00 4,967,400.00 4,864,400.00 |
| Total over week 34 | 56,000 | 13,981,190.00 | |
| Total accumulated during the share buy-back programme | 1,330,520 | 336,623,313.80 |
Following the above transactions, Sydbank holds a total of 2,141,444.00 own shares, equal to 2.88% of the Bank’s share capital.
