Share repurchase programme
Silkeborg, 2016-03-18 08:10 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 | 946,000 | 302.52 | 286,185,825 |
11 March 2016 | 21,000 | 316.55 | 6,647,592 |
14 March 2016 | 21,000 | 315.86 | 6,633,016 |
15 March 2016 | 21,000 | 311.71 | 6,545,847 |
16 March 2016 | 21,000 | 310.88 | 6,528,428 |
17 March 2016 | 21,000 | 301.73 | 6,336,298 |
Accumulated under the programme | 1,051,000 | 303.40 | 318,877,006 |
With the transactions stated above, Jyske Bank has bought a total of 1,051,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.11% 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 (18 03 2016).pdf