SIlkeborg, 2016-02-19 08:20 CET (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 500 million. 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 | 646,000 | 302.44 | 195,378,796 |
| 12 February 2016 | 11,000 | 278.91 | 3,068,010 |
| 15 February 2016 | 11,000 | 296.00 | 3,255,947 |
| 16 February 2016 | 11,000 | 298.33 | 3,281,578 |
| 17 February 2016 | 11,000 | 300.34 | 3,303,765 |
| 18 February 2016 | 11,000 | 302.05 | 3,322,520 |
| Accumulated under the programme | 701,000 | 301.87 | 211,610,617 |
With the transactions stated above, Jyske Bank has bought a total of 701,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 0.74% 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.
