Silkeborg, 2016-04-08 08:08 CEST (GLOBE NEWSWIRE) -- Share repurchase programme
The share buy-back programme runs from 09 November 2015 to 30 June 2016. In this period Jyske Bank will acquire shares with a value of up to DKK 750 million, cf. company announcement No. 13/2016 of 23 February 2016, where the original share buy-back programme of DKK 500 million got increased with a total amount of DKK 250 million, with effect as of 1 March 2016. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) which ensures that Jyske Bank is protected against violation of insider legislation in relation to the share buy-back programme.
Since the announcement as of 06 November 2015, the following transactions have been made under the program:
Number of shares |
Average purchase price |
Transaction value in DKK | |
Accumulated, last announcement | 1,198,000 | 303.15 | 363,179,341 |
01 April 2016 | 21,000 | 299.32 | 6,285,764 |
04 April 2016 | 21,000 | 299.95 | 6,299,053 |
05 April 2016 | 21,000 | 292.88 | 6,150,568 |
06 April 2016 | 21,000 | 289.12 | 6,071,415 |
07 April 2016 | 21,000 | 281.58 | 5,913,077 |
Accumulated under the programme | 1,303,000 | 302.30 | 393,899,218 |
With the transactions stated above, Jyske Bank has bought a total of 1,303,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.37% of the share capital.
Yours faithfully,
Jyske Bank
Any questions in regards to this announcement may be addressed to Trine Lysholt Nørgaard, Director, Head of Investor Relations, on tel. +45 89 89 64 29.