Aabenraa, Denmark, 2015-10-26 08:56 CET (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 | 1,721,020 |
433,765,113.80 |
|
|
19 October 2015 20 October 2015 21 October 2015 22 October 2015 23 October 2015 |
8,000 10,000 20,000 30,000 20,000 | 245.41 243.73 240.05 234.39 237.95 | 1,963,280.00 2,437,300.00 4,801,000.00 7,031,700.00 4,759,000.00 |
| Total over week 43 | 88,000 | 20,992,280.00 | |
| Total accumulated during the share buy-back programme | 1,809,020 |
454,757,393.80 |
Following the above transactions, Sydbank holds a total of 2,638,200 own shares, equal to 3.55% of the Bank’s share capital.
