Aabenraa, Denmark, 2015-09-28 08:57 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 | 1,515,520 |
382,635,658.80 |
|
|
21 September 2015 22 September 2015 23 September 2015 24 September 2015 25 September 2015 |
9,000 7,000 7,000 9,000 6,500 | 256.16 254.29 252.50 252.70 260.71 | 2,305,440.00 1,780,030.00 1,767,500.00 2,274,300.00 1,694,615.00 |
| Total over week 39 | 38,500 | 9,821,885.00 | |
| Total accumulated during the share buy-back programme | 1,554,020 |
392,457,543.80 |
Following the above transactions, Sydbank holds a total of 2,359,590 own shares, equal to 3,18% of the Bank’s share capital.
