Share repurchase programme
Silkeborg, 2016-05-13 08:26 CEST (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 | 1,694,000 | 296.46 | 502,198,097 |
| 09 May 2016 | 22,000 | 256.12 | 5,634,642 |
| 10 May 2016 | 22,000 | 259.17 | 5,701,844 |
| 11 May 2016 | 22,000 | 256.85 | 5,650,733 |
| 12 May 2016 | 22,000 | 258.03 | 5,676,726 |
| Accumulated under the programme | 1,782,000 | 294.54 | 524,862,042 |
With the transactions stated above, Jyske Bank has bought a total of 1,782,000 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 1.88% 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 (13 05 2016) .pdf