Aabenraa, Denmark, 2015-09-07 08:34 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 | 1,422,520 | 359,073,253.80 | |
| 31 August 2015 01 September 2015 02 September 2015 03 September 2015 04 September 2015 | 8,000 12,500 8,000 6,000 6,000 | 253.29 249.76 252.32 259.34 254.64 | 2,026,320.00 3,122,000.00 2,018,560.00 1,556,040.00 1,527,840.00 |
| Total over week 36 | 40,500 | 10,250,760.00 | |
| Total accumulated during the share buy-back programme | 1,463,020 | 369,324,013.80 |
Following the above transactions, Sydbank holds a total of 2.305.301 own shares, equal to 3,10% of the Bank’s share capital.
