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The latest announcement is out from Sydbank A/S ( (GB:0MGE) ).
Sydbank A/S has announced the progress of its share buyback programme, initially declared in February 2025, with a total value of DKK 1,350 million. The programme aims to reduce the company’s share capital and is conducted under the Safe Harbour rules. As of week 38, the bank has repurchased 62,000 shares, bringing the total accumulated shares to 1,831,000, valued at DKK 823,902,140. This strategic move is expected to enhance shareholder value and strengthen the bank’s market position.
More about Sydbank A/S
Sydbank A/S is a financial institution based in Denmark, primarily engaged in providing banking services. The company focuses on offering a range of financial products and services to both individual and corporate clients, positioning itself as a key player in the Danish banking sector.
See more insights into 0MGE stock on TipRanks’ Stock Analysis page.