Share repurchase programme
Silkeborg, 2016-03-11 08:09 CET (GLOBE NEWSWIRE) -- Share repurchase programme
The share buy-back programme runs from 09 November 2015 to 30 June 2016. In this period Jyske Bank will acquire shares with a value of up to DKK 750 million, cf. company announcement No. 13/2016 of 23 February 2016, where the original share buy-back programme of DKK 500 million got increased with a total amount of DKK 250 million, with effect as of 1 March 2016. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) which ensures that Jyske Bank is protected against violation of insider legislation in relation to the share buy-back programme.
Since the announcement as of 06 November 2015, the following transactions have been made under the program:
| Number of shares | Average purchase price |
Transaction value in DKK | |
| Accumulated, last announcement | 841,000 | 301.65 | 253,686,143 |
| 04 March 2016 | 21,000 | 311.90 | 6,549,984 |
| 07 March 2016 | 21,000 | 309.59 | 6,501,386 |
| 08 March 2016 | 21,000 | 307.18 | 6,450,770 |
| 09 March 2016 | 21,000 | 309.88 | 6,507,463 |
| 10 March 2016 | 21,000 | 309.05 | 6,490,079 |
| Accumulated under the programme | 946,000 | 302.52 | 286,185,825 |
With the transactions stated above, Jyske Bank has bought a total of 946,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.00% of the share capital.
Yours faithfully,
Jyske Bank
Any questions in regards to this announcement may be addressed to Trine Lysholt Nørgaard, Director, Head of Investor Relations, on tel. +45 89 89 64 29.
Vedhæftede filer:
Jyske Bank Share Buy-Back UK (11 03 2016).pdf