Sydbank share buyback programme: transactions in week 20


Aabenraa, Denmark, 2016-05-23 09:05 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       766,000         141,527,560.00    
16 May 2016 - Holiday  
17 May 2016
18 May 2016
19 May 2016
20 May 2016    
           
-    
24,000
13,000 18,000 10,000

 

-
173.59 173.16 179.24 181.10
-
4,166,160.00 2,251,080.00 3,226,320.00 1,811,000.00
Total over week 20     65,000       11,454,560.00
Total accumulated during

the share buyback programme

  831,000         152,982,120.00    

  

Following the above transactions, Sydbank holds a total of 3,691,900 own shares, equal to 4.97% of the Bank’s share capital.


Attachments

FM 18 UK.pdf