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Jyske Bank Initiates DKK 2.25 Billion Share Buyback Program

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Jyske Bank Initiates DKK 2.25 Billion Share Buyback Program

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The latest update is out from Jyske Bank A/S ( (GB:0MGD) ).

Jyske Bank A/S has announced a share buyback program running from February 26, 2025, to January 30, 2026, with a maximum value of DKK 2.25 billion. This program is in compliance with EU regulations on market abuse and safe harbor rules. As of March 21, 2025, the bank has repurchased 71,716 shares, totaling a transaction value of DKK 41.7 million, representing 4.41% of the company’s share capital. This strategic move aims to optimize the bank’s capital structure and potentially enhance shareholder value.

More about Jyske Bank A/S

Jyske Bank A/S operates in the financial services industry, offering a range of banking products and services. The company is focused on providing banking solutions and financial services to its customers, positioning itself as a significant player in the Danish banking sector.

YTD Price Performance: 13.85%

Average Trading Volume: 12,292

Technical Sentiment Signal: Strong Sell

Current Market Cap: DKK37.72B

For a thorough assessment of 0MGD stock, go to TipRanks’ Stock Analysis page.

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