Sydbank share buyback programme: transactions in week 14


Aabenraa, Denmark, 2016-04-11 08:50 CEST (GLOBE NEWSWIRE) -- On 24 February 2016 Sydbank announced a share buyback programme of DKK 350m. The share buyback commenced on 29 February 2016 and will be completed by 31 December 2016.

The purpose of the share buyback 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 buyback programme:

  Number
of shares
VWAP
 
Gross value
(DKK)
Accumulated,
most recent announcement

248,000
 
47,762,030.00
04 April 2016
05 April 2016
06 April 2016
07 April 2016
08 April 2016
15,000
18,000
17,000
19,000
18,000
188.50
183.03
183.54
182.10
183.93
2,827,500.00
3,294,540.00
3,120,180.00
3,459,900.00
3,310,740.00
Total over week 14 87,000   16,012,860.00
Total accumulated during
the share buyback programme
 
335,000
   
63,774,890.00

 

Following the above transactions, Sydbank holds a total of 3,186,967 own shares, equal to 4.29 % of the Bank’s share capital.

 


Attachments

FM 11 UK.pdf