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Sydbank A/S ( (GB:0MGE) ) has issued an update.
Sydbank A/S has initiated a share buyback programme valued at DKK 1,350 million, which began on 3 March 2025 and is set to conclude by 31 January 2026. The programme aims to reduce the bank’s share capital and is conducted in accordance with EU regulations. During the first week, the bank repurchased 63,000 shares for a total of DKK 27,961,010. This move is likely to impact the company’s share capital structure and could influence its market positioning.
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 private and corporate clients.
YTD Price Performance: 16.63%
Average Trading Volume: 32,704
Technical Sentiment Consensus Rating: Sell
Current Market Cap: DKK23.39B
See more insights into 0MGE stock on TipRanks’ Stock Analysis page.
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