Sydbank share buy-back programme: transactions in week 22
Aabenraa, Denmark, 2015-06-01 08:52 CEST (GLOBE NEWSWIRE) --
On 10 April 2015 Sydbank announced a share buy-back programme of DKK 500m. The share buy-back commenced on 13 April 2015 and will be completed by 31 December 2015.
The purpose of the share buy-back programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of the European Commission’s Regulation No 2273/2003 of 22 December 2003, known as the Safe Harbour Regulation.
The following transactions have been made under the share buy-back programme:
| Number of shares | VWAP | Gross value (DKK) | |
| Accumulated, most recent announcement | 480,300 |
120,959,192 | |
| 25 May 2015, Holiday 26 May 2015 27 May 2015 28 May 2015 29 May 2015 |
12,000 10,000 11,000 10,000 |
257.62 259.34 260.08 262.42 |
3,091,440 2,593,400 2,860,880 2,624,200 |
| Total over week 22 | 43,000 | 11,169,920 | |
| Total accumulated during the share buy-back programme | 523,300 |
132,129,112 |
Following the above transactions, Sydbank holds a total of 1,346,875 own shares, equal to 1.81% of the Bank’s share capital.
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Udgivet af: NPinvestordk