Danske Bank Unveils Weekly Share Buyback Results Efforts

Danske Bank's Commitment to Shareholder Value

Danske Bank A/S has taken significant steps to bolster its commitment to shareholder value through an active share buy-back programme. This initiative, announced with a total allocation of DKK 5.5 billion, is designed to repurchase up to 70 million shares between specified dates during the financial year. Such efforts reflect the bank's strategy to enhance shareholder returns while maintaining a robust capital structure.

Overview of the Share Buy-Back Programme

The share buyback programme is authorized under Regulation (EU) No. 596/2014, a framework that promotes transparency and sound market practices. This regulatory environment empowers Danske Bank to execute its buy-back plan, adhering to the European Commission's delegated regulations that ensure investor protection.

Transaction Highlights from Week 49

In the latest round of transactions, covering week 49, Danske Bank recorded a series of significant share purchases. Starting with an accumulated number of shares at 24,064,073, the week concluded with a total of 217,493 shares acquired. The volume-weighted average price (VWAP) during this period stood at DKK 204.8486, which equates to a gross transaction value of DKK 44,553,128 for the week.

Daily Transaction Breakdown

Here's a closer look at daily transactions executed within this timeframe:

• December 2, 2024: 82,000 shares at DKK 202.6875.
• December 3, 2024: 42,504 shares at DKK 204.5499.
• December 4, 2024: 34,885 shares at DKK 205.6038.
• December 5, 2024: 27,602 shares at DKK 207.3665.
• December 6, 2024: 30,502 shares at DKK 207.9321.

The consistent efforts to repurchase shares indicate Danske Bank’s proactive stance in managing its capital and enhancing shareholder confidence.

Accumulative Results Under the Buy-Back Programme

To date, the total shares accumulated through this buy-back programme have reached 24,281,566. This represents about 2.82% of the bank's total share capital, reinforcing Danske Bank's ongoing strategy to provide attractive returns to its investors.

Importance of the Buy-Back Strategy

Engaging in a share buy-back programme serves multiple strategic purposes for Danske Bank. It not only reflects confidence in the bank's financial health but also aims to counter volatility in the stock market. Furthermore, reducing the overall number of shares outstanding can have a positive impact on earnings per share, making the bank's stock more appealing to existing and potential investors.

Conclusion

As Danske Bank continues to navigate the complexities of the financial landscape, its commitment to a strategic share buy-back initiative showcases a strong dedication to increasing shareholder value. By executing these transactions in compliance with regulations, the bank reinforces its market position, fosters investor confidence, and demonstrates financial prudence.

For further information, please reach out to Stefan Singh Kailay, Group Press Officer, at +45 45 14 14 00.

Frequently Asked Questions

What is the purpose of Danske Bank's share buy-back programme?

The programme aims to return value to shareholders and improve the bank's capital structure by reducing the number of outstanding shares.

How much is Danske Bank spending on the buy-back programme?

Danske Bank has announced a total buy-back plan of DKK 5.5 billion.

What regulations govern the share buy-back activities?

The buy-back is conducted under Regulation (EU) No. 596/2014 and related Commission delegated regulations to ensure market integrity.

How many shares has Danske Bank bought back to date?

As of now, Danske Bank has accumulated a total of 24,281,566 shares under the buy-back programme.

Who can I contact for more information about the buy-back programme?

For inquiries, you can contact Stefan Singh Kailay, the Group Press Officer, at +45 45 14 14 00.

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