Silkeborg, 2016-06-10 08:23 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 | 2,155,000 | 289.04 | 622,875,280 |
03 June 2016 | 27,000 | 265.99 | 7,181,657 |
06 June 2016 | 25,579 | 264.22 | 6,758,445 |
07 June 2016 | 27,000 | 271.49 | 7,330,279 |
08 June 2016 | 27,000 | 268.25 | 7,242,861 |
09 June 2016 | 27,000 | 263.36 | 7,110,679 |
Accumulated under the programme | 2,288,579 | 287.73 | 658,499,201 |
With the transactions stated above, Jyske Bank has bought a total of 2,288,579 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 2.41% 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.