Aabenraa, Denmark, 2015-10-19 09:01 CEST (GLOBE NEWSWIRE) --
On 10 April 2015 Sydbank announced a share buy-back programme of DKK 500m. The share buy-back commenced on 13 April 2015 and will be completed by 31 December 2015.
The purpose of the share buy-back 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 buy-back programme:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 1,663,020 |
419,907,033.80 |
|
|
12 October 2015 13 October 2015 14 October 2015 15 October 2015 16 October 2015 |
14,000 15,000 10,000 10,000 9,000 | 241.25 237.64 235.42 238.00 242.42 | 3,377,500.00 3,564,600.00 2,354,200.00 2,380,000.00 2,181,780.00 |
| Total over week 42 | 58,000 | 13,858,080.00 | |
| Total accumulated during the share buy-back programme | 1,721,020 |
433,765,113.80 |
Following the above transactions, Sydbank holds a total of 2,551,181 own shares, equal to 3.44% of the Bank’s share capital.
