Silkeborg, 2016-04-15 08:46 CEST (GLOBE NEWSWIRE) -- 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 | 1,303,000 | 302.30 | 393,899,218 |
08 April 2016 | 21,000 | 280.13 | 5,882,820 |
11 April 2016 | 21,000 | 281.44 | 5,910,187 |
12 April 2016 | 21,000 | 278.79 | 5,854,666 |
13 April 2016 | 21,000 | 283.04 | 5,943,922 |
14 April 2016 | 21,000 | 284.72 | 5,979,091 |
Accumulated under the programme | 1,408,000 | 300.76 | 423,469,904 |
With the transactions stated above, Jyske Bank has bought a total of 1,408,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.48% 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.