Jyske Bank Initiates Major Share Buyback Plan
Company Announcements

Jyske Bank Initiates Major Share Buyback Plan

Jyske Bank A/S (GB:0MGD) has released an update.

Jyske Bank A/S has launched a share repurchase program, with plans to buy back shares worth up to DKK 1.5 billion, starting from June 3, 2024, to January 31, 2025. The program aims to reduce the company’s share capital and will be conducted in compliance with EU regulations, with Bank of America acting as the financial adviser and lead manager. The purchases will adhere to price limits based on current trading values and are restricted to a certain volume per day.

For further insights into GB:0MGD stock, check out TipRanks’ Stock Analysis page.

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