Aabenraa, Denmark, 2015-11-02 09:00 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 | 1,809,020 |
454,757,393.80 |
|
|
26 October 2015 27 October 2015 28 October 2015 29 October 2015 30 October 2015 |
20,000 35,000 36,000 30,000 27,000 | 240.86 226.97 222.11 222.00 223.31 | 4,817,200.00 7,943,950.00 7,995,960.00 6,660,000.00 6,029,370.00 |
| Total over week 44 | 148,000 | 33,446,480.00 | |
| Total accumulated during the share buy-back programme | 1,957,020 | 488,203,873.80 |
Following the above transactions, Sydbank holds a total of 2,817,757 own shares, equal to 3.79% of the Bank’s share capital.
