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Sydbank A/S ( (GB:0MGE) ) has shared an update.
Sydbank A/S announced the progress of its share buyback program, initially disclosed in February 2025, with a total value of DKK 1,350 million. The program, aimed at reducing the bank’s share capital, is conducted under EU regulations and is set to conclude by January 2026. Recent transactions in week 42 involved the purchase of 72,000 shares, bringing the total accumulated shares bought under the program to 2,094,000. These transactions have resulted in Sydbank holding 4.09% of its own share capital, which may impact its market positioning and shareholder value.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Aabenraa, Denmark, operating primarily in the banking sector. It offers a range of financial services and products, focusing on both individual and corporate clients.
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