Insight into Ringkjøbing Landbobank's Share Buyback Program

Overview of the Share Buyback Programme
Ringkjøbing Landbobank has established a share buyback programme that commenced on the 2nd of June and continues until the 30th of January in the following year. This strategic decision is designed to enhance shareholder value while providing the bank the flexibility to manage its capital effectively.
Financial Commitment and Share Quantities
Under this programme, the bank is committed to purchasing shares up to a maximum of DKK 1 billion, which equates to approximately 1,600,000 shares. This significant investment reflects the bank's confidence in its continued growth and performance.
Compliance with Regulations
The execution of the buyback is in full compliance with EU regulations, specifically targeting to maintain maximum transparency and safeguard investor interests. The legal framework ensures that these purchases adhere to market standards designed to protect stakeholders.
Transactions Completed During the Programme
The programme has seen various transactions being completed over the weeks. Below is a summary of notable transactions recorded:
Transaction Details
Date | Number of Shares | Average Purchase Price (DKK) | Total Purchased (DKK) |
---|---|---|---|
Total Announced Purchases | 164,600 | 1,371.54 | 225,755,063 |
21 July 2025 | 4,300 | 1,403.81 | 6,036,383 |
22 July 2025 | 4,500 | 1,398.96 | 6,295,320 |
23 July 2025 | 4,500 | 1,408.39 | 6,337,755 |
Total Recap | 185,700 | 1,376.00 | 255,522,556 |
Previous Buyback Completed | 414,200 | 1,207.12 | 499,988,706 |
Total Shares Bought Back | 599,900 | 1,259.40 | 755,511,262 |
Current Ownership and Impact
Following these purchases, Ringkjøbing Landbobank now holds a total of 599,900 shares, which correspond to 2.36% of its total share capital. This buyback initiative not only shows the bank's commitment to returning value to its shareholders but also serves to strengthen investor confidence.
Future Expectations
As the programme advances, additional purchases are anticipated, which will be reported in the coming weeks. The bank remains focused on adhering to its outlined strategy and ensuring a robust financial posture.
Frequently Asked Questions
What is the purpose of the share buyback programme?
The share buyback programme aims to enhance shareholder value and provide financial flexibility by allowing the bank to repurchase its own shares.
How much does Ringkjøbing Landbobank plan to spend on the buyback?
The bank has allocated up to DKK 1 billion for the share buyback programme, which translates to purchasing approximately 1,600,000 shares.
What regulations govern this buyback programme?
The buyback is executed in compliance with the EU Commission regulations, ensuring it adheres to established market standards.
How many shares has the bank already purchased?
To date, Ringkjøbing Landbobank has purchased a total of 185,700 shares under the current buyback programme.
What percentage of the total share capital do these shares represent?
The purchased shares correspond to 2.36% of the total share capital of Ringkjøbing Landbobank.
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