Australia markets closed
  • ALL ORDS

    7,413.10
    +73.80 (+1.01%)
     
  • ASX 200

    7,182.70
    +76.80 (+1.08%)
     
  • AUD/USD

    0.7163
    +0.0064 (+0.90%)
     
  • OIL

    115.07
    +0.98 (+0.86%)
     
  • GOLD

    1,857.30
    +3.40 (+0.18%)
     
  • BTC-AUD

    40,603.87
    +330.52 (+0.82%)
     
  • CMC Crypto 200

    625.79
    -3.71 (-0.59%)
     
  • AUD/EUR

    0.6670
    +0.0059 (+0.89%)
     
  • AUD/NZD

    1.0951
    +0.0003 (+0.03%)
     
  • NZX 50

    11,065.15
    -37.69 (-0.34%)
     
  • NASDAQ

    12,681.42
    +404.63 (+3.30%)
     
  • FTSE

    7,585.46
    +20.54 (+0.27%)
     
  • Dow Jones

    33,212.96
    +575.77 (+1.76%)
     
  • DAX

    14,462.19
    +230.90 (+1.62%)
     
  • Hang Seng

    20,697.36
    +581.16 (+2.89%)
     
  • NIKKEI 225

    26,781.68
    +176.84 (+0.66%)
     

Sydbank A/S share buyback programme completed – transactions in week 50

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.













Company Announcement No 34/2021

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



20 December 2021

Dear Sirs

Sydbank A/S share buyback programme completed – transactions in week 50
Sydbank’s share buyback programme of DKK 250m which was resumed on 4 October 2021 and scheduled to end on or before 30 December 2021 has been completed. Under the programme 1,289,000 own shares were repurchased at a transaction value of approx DKK 250m during the period up to termination.

The purpose of the share buyback programme was to reduce the share capital of Sydbank and the programme was 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 the 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

1,183,000

228,414,380.00

13 December 2021
14 December 2021
15 December 2021
16 December 2021
17 December 2021

20,000
20,000
20,000
15,000
31,000

208.96
207.14
205.52
207.45
205.25

4,179,200.00
4,142,800.00
4,110,400.00
3,111,750.00
6,362,750.00

Total over week 50

106,000

21,906,900.00

Total accumulated during the share buyback programme of DKK 250m



1,289,000



250,321,280.00


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 the Commission delegated regulation, is available in the attachment.
Following the above transactions, Sydbank holds a total of 1,812,000 own shares, equal to 2.16% of the Bank’s share capital.

Yours sincerely

Karen Frøsig Bjarne Larsen
CEO Deputy Group Chief Executive

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting