Aabenraa, Denmark, 2015-09-14 09:01 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 | 1,463,020 |
369,324,013.80 |
|
|
07 September 2015 08 September 2015 09 September 2015 10 September 2015 11 September 2015 |
5,000 5,000 4,000 5,000 5,500 | 252.23 255.14 256.78 255.27 255.03 | 1,261,150.00 1,275,700.00 1,027,120.00 1,276,350.00 1,402,665.00 |
| Total over week 37 | 24,500 | 6,242,985.00 | |
| Total accumulated during the share buy-back programme | 1,487,520 |
375,566,998.80 |
Following the above transactions, Sydbank holds a total of 2.299.620 own shares, equal to 3.1% of the Bank’s share capital.
