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AL Sydbank buys back 32,000 shares in week 39

AL Sydbank buys back 32,000 shares in week 39

AL Sydbank A/S, a Danish bank, acquired a total of 32,000 shares from its own inventory during week 39 of 2026, according to a company press release. The purchases occurred between September 21 and September 25, with share prices fluctuating between DKK 704.82 and DKK 719.13. The week's share buyback amounted to DKK 22,758,810. This action is part of a larger DKK 1,100 million share repurchase program initiated on February 25, 2026, and is set to conclude on January 31, 2027.

As of week 39, AL Sydbank had repurchased a cumulative 1,246,000 shares under the program, valued at DKK 707,292,120. Transactions were executed by Danske Bank A/S on behalf of AL Sydbank. The share buyback is intended to decrease the bank's share capital. The repurchase aligns with EU Regulation No 596/2014 and Commission Delegated Regulation 2016/1052, commonly referred to as the Safe Harbour rules.

Following the week 39 transactions, AL Sydbank owns 1,246,709 shares, accounting for 1.45% of the bank's total share capital.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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