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Sydbank A/S ( (GB:0MGE) ) has issued an announcement.
Sydbank A/S has announced the progress of its share buyback programme, initiated on 3 March 2025, with the aim of reducing its share capital by DKK 1,350 million. The recent transactions in week 41 resulted in the acquisition of 70,000 shares, bringing the total to 2,022,000 shares bought back, valued at DKK 922,001,290. This strategic move is expected to impact the company’s share capital structure, potentially enhancing shareholder value.
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 individual and corporate clients, positioning itself as a significant player in the Danish banking sector.
For an in-depth examination of 0MGE stock, go to TipRanks’ Overview page.