Silkeborg, 2016-04-25 09:00 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 | 1,408,000 | 300.76 | 423,469,904 |
| 15 April 2016 | 22,000 | 282.44 | 6,213,658 |
| 18 April 2016 | 22,000 | 281.41 | 6,191,007 |
| 19 April 2016 | 22,000 | 280.85 | 6,178,740 |
| 20 April 2016 | 22,000 | 285.51 | 6,281,260 |
| 21 April 2016 | 22,000 | 285.11 | 6,272,371 |
| Accumulated under the programme | 1,518,000 | 299.48 | 454,606,940 |
With the transactions stated above, Jyske Bank has bought a total of 1,518,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.60% 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.
