Sydbank share buyback programme: transactions in week 47

Udgivet den 25-11-2024  |  kl. 09:11  |  

        













Company Announcement No 56/2024

Peberlyk 4
6200 Aabenraa
Denmark



Tel +45 74 37 37 37
Fax +45 74 37 35 36



Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk





25 November 2024  

Dear Sirs

Sydbank share buyback programme: transactions in week 47
On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

  Number of shares VWAP Gross value (DKK)
Accumulated, most recent
Announcement


2,798,000
 

984,889,190.00
18 November 2024
19 November 2024
20 November 2024
21 November 2024
22 November 2024
13,000
14,000
14,000
15,000
17,000
358.02
352.18
357.42
355.21
351.82
4,654,260,00
4,930,520,00
5,003,880,00
5,328,150,00
5,980,940,00
Total over week 47 73,000   25,897,750,00
Total accumulated during the
share buyback programme


2,871,000
 

1,010,786,940.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 2,872,080 own shares, equal to 5.26% of the Bank's share capital.

Yours sincerely
        
Mark Luscombe        Jørn Adam Møller
CEO        Deputy Group Chief Executive

Attachment

SM 56 UK incl. enc

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Udgivet af: NPinvestordk