Sydbank Continues Its Trail-blazing Share Buyback Programme with Encouraging Transactions in Week 18

Sydbank, the noted Danish financial institution, has released information about its ongoing share buyback programme. According to the programme, launched on 3 March 2025 after a grand announcement on 26 February 2025, they plan on spending DKK 1,350m. Armed with the primary intention to decrease the bank’s share capital, the initiative will effectively conclude on 31 January 2026.

The buyback drive is in line with the provisions mandated by a duo of European regulatory bodies - Regulation (EU) No 596/2014 of the European Parliament and the Council of 16 April 2014, coupled with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016. Collectively known as the Safe Harbour rules, these regulations govern the bank’s efforts.

Post these transactions, Sydbank currently holds around 4,080,435 of its own shares, equating to about 7.47% of the bank’s overall share capital. This strategically positions the bank towards a future of greater control and robust growth. Further details pertaining to these transactions, derived from the context of Article 5 of the rulings aforementioned, have been provided in an attachment.

This share buyback plan of Sydbank signifies a bold move in the world of banking and finance, highlighting the bank’s profound commitment to robust financial management and sustainable growth. Investors and finance enthusiasts will be keenly monitoring the progress of this initiative in the weeks to come.