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Jyske Bank buys back shares worth 59.4 million kroner

Jyske Bank buys back shares worth 59.4 million kroner

Denmark's Jyske Bank acquired 54,137 shares in its own company's equity, amounting to 59.4 million kroner, over the week concluding October 2, 2024, as per a press release. The purchases took place between September 28 and October 2, with prices fluctuating between 1,066.86 kroner and 1,119.23 kroner per share. The most substantial single-day purchase was made on September 28, when the bank bought 10,645 shares at an average cost of 1,119.23 kroner each.

This share repurchase initiative is part of a broader strategy planned from February 5, 2026, through January 29, 2027. During this period, Jyske Bank intends to repurchase up to 3 billion kroner worth of its shares. The bank disclosed this program in company announcement number 11/2026, dated February 5, 2026. Post these transactions, Jyske Bank holds 2,127,014 shares, excluding investments for customer accounts and trading inventory, which constitutes 3.65% of the company's total share capital.

The cumulative cost of shares bought under the program now totals 2.04 billion kroner, averaging 957.50 kroner per share. This share buyback program adheres to the Market Abuse Regulation established by the EU Commission on April 16, 2014, and its DELETED regulation of March 8, 2016. This report was AI-generated and subsequently edited by a human. For further details, consult the Terms and Conditions.

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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