Aabenraa, Denmark, 2015-09-21 09:08 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 |
1,487,520 |
375,566,998.80 |
|
|
14 September 2015 15 September 2015 16 September 2015 17 September 2015 18 September 2015 |
4,000 5,000 5,000 6,000 8,000 | 253.14 250.99 251.03 252.88 253.59 | 1,012,560.00 1,254,950.00 1,255,150.00 1,517,280.00 2,028,720.00 |
| Total over week 38 | 28,000 | 7,068,660.00 | |
| Total accumulated during the share buy-back programme |
1,515,520 |
382,635,658.80 |
Following the above transactions, Sydbank holds a total of 2,325,948 own shares, equal to 3.13% of the Bank’s share capital.
