Silkeborg, 2016-05-20 08:07 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 | 1,782,000 | 294.54 | 524,862,042 |
13 May 2016 | 22,000 | 255.66 | 5,624,546 |
17 May 2016 | 27,000 | 257.03 | 6,939,883 |
18 May 2016 | 27,000 | 253.50 | 6,844,594 |
19 May 2016 | 27,000 | 256.46 | 6,924,542 |
Accumulated under the programme | 1,885,000 | 292.41 | 551,195,607 |
With the transactions stated above, Jyske Bank has bought a total of 1,885,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.98% 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.