Aabenraa, Denmark, 2015-10-12 08:46 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 | 1,604,020 |
405,172,643.80 |
|
|
5 October 2015 6 October 2015 7 October 2015 8 October 2015 9 October 2015 |
15,000 6,000 12,000 8,000 18,000 | 249.95 250.54 254.66 251.30 245.31 | 3,749,250.00 1,503,240.00 3,055,920.00 2,010,400.00 4,415,580.00 |
| Total over week 41 | 59,000 | 14,734,390.00 | |
| Total accumulated during the share buy-back programme | 1,663,020 | 419,907,033.80 |
Following the above transactions, Sydbank holds a total of 2,464,974 own shares, equal to 3.32% of the Bank’s share capital.
