Aabenraa, Denmark, 2015-10-05 09:19 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 | 1,554,020 |
392,457,543.80 |
|
|
28 September 2015 29 September 2015 30 September 2015 01 October 2015 02 October 2015 |
6,000 9,000 7,000 16,000 12,000 | 260.48 254.66 255.92 252.21 252.79 | 1,562,880.00 2,291,940.00 1,791,440.00 4,035,360.00 3,033,480.00 |
| Total over week 40 | 50,000 | 12,715,100.00 | |
| Total accumulated during the share buy-back programme | 1,604,020 | 405,172,643.80 |
Following the above transactions, Sydbank holds a total of 2,409,233 own shares, equal to 3.24% of the Bank’s share capital.
