Jyske Bank initiates share repurchase programme
26 Febbraio 2025 - 7:38AM
UK Regulatory
Jyske Bank initiates share repurchase programme
The Supervisory Board of Jyske Bank A/S (Jyske Bank) has decided
to exercise the authority to repurchase shares granted by the
Annual General Meeting on 21 March 2024. The share repurchase
programme covers shares at a maximum value of DKK 2.25 billion.
The programme runs as from 26 February 2025 and up to and
including 31 January 2026 at the latest. The share repurchase
programme is initiated and structured in compliance with the EU
Market Abuse Regulation and EU Commission Regulation No. 596/2014
of 16 April 2014.
Conditions for the share repurchase programme
- The purpose of the
programme is to reduce the share capital of Jyske Bank.
- Jyske Bank will
enter into a contract with a financial adviser which will
independently of and without influence from Jyske Bank handle all
purchase decisions and execute the purchases within the framework
published. Jyske Bank has appointed Goldman Sachs as financial
adviser and lead manager for the programme.
- The shares cannot be
purchased at prices exceeding the higher of (i) the price of the
latest independent trade and (ii) the price of the highest
independent bid on Nasdaq Copenhagen at the time of the
transaction.
- The total number of
shares that may be purchased on a single trading day may not exceed
25% of the average daily trading volume over the preceding 20
trading days on Nasdaq Copenhagen.
- Jyske Bank will
publish the amount of shares repurchased as well as the weighted
average price per day and per venue in weekly corporate
announcements during the programme.
Yours faithfully,
Jyske Bank
Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.
- Share repurchase programme 20250226
Grafico Azioni Jyske Bank AS (TG:JYS1)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Jyske Bank AS (TG:JYS1)
Storico
Da Mar 2024 a Mar 2025