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Sydbank A/S ( (GB:0MGE) ) has shared an update.
Sydbank A/S has announced a new share buyback program valued at DKK 1.35 billion, with a maximum of 5.4 million shares to be repurchased. This initiative is part of the bank’s strategy to adjust and optimize its capital structure, following the completion of a previous buyback program in January 2025. The program will commence on March 3, 2025, and is expected to conclude by January 31, 2026, with Danske Bank A/S managing the process. The buyback is conducted under EU regulations to ensure compliance and transparency.
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 optimizing its capital structure and aligning with its capital policy goals.
YTD Price Performance: 10.51%
Average Trading Volume: 36,328
Technical Sentiment Consensus Rating: Sell
Current Market Cap: DKK22.23B
Find detailed analytics on 0MGE stock on TipRanks’ Stock Analysis page.
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