UK Markets open in 4 hrs 59 mins

Sydbank share buyback programme: transactions in week 27

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
Sydbank A/S
Sydbank A/S

        











Company Announcement No 31/2022

Peberlyk 4
6200 Aabenraa
Denmark



Tel +45 74 37 37 37
Fax +45 74 37 35 36



Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk





11 July 2022

 

Dear Sirs

Sydbank share buyback programme: transactions in week 27
On 2 March 2022 Sydbank announced a share buyback programme of DKK 425m. The share buyback commenced on 7 March 2022 and will be completed by 30 December 2022.

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 Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

 

Number of shares

VWAP

Gross value (DKK)

Accumulated, most recent
announcement



754,000

 



175,870,900.00

04 July 2022
05 July 2022
06 July 2022
07 July 2022
08 July 2022

16,000
16,000
15,000
13,000
13,000

212.50
206.62
204.78
210.71
215.03

3,400,000.00
3,305,920.00
3,071,700.00
2,739,230.00
2,795,390.00

Total over week 27

73,000

 

15,312,240.00

Total accumulated during the share buyback programme



827,000

 



191,183,140.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S. Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and the Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 829,020 own shares, equal to 1.42% of the Bank’s share capital.

Yours sincerely
        
Karen Frøsig        Bjarne Larsen
CEO        Deputy Group Chief Executive

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting