tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sydbank A/S Terminates Share Buyback Programme Amid Merger Plans

Story Highlights
Sydbank A/S Terminates Share Buyback Programme Amid Merger Plans

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sydbank A/S ( (GB:0MGE) ) has shared an announcement.

Sydbank A/S has announced the termination of its share buyback programme, initially set at DKK 1,350 million, after repurchasing shares worth DKK 1,000 million. This decision follows a merger agreement with Arbejdernes Landsbank and Vestjysk Bank, which will be proposed for approval at an extraordinary general meeting in December 2025, potentially impacting the company’s share capital structure.

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 its clients, including personal and business banking solutions.

See more insights into 0MGE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1