Overview of Jyske Bank’s Share Repurchase Programme
Jyske Bank has initiated a significant share repurchase programme that commenced on 26 February 2025 and will conclude by 30 January 2026. This strategic initiative focuses on acquiring shares valued up to DKK 2.25 billion, highlighting the bank's commitment to enhancing shareholder value.
Understanding the Share Acquisition Strategy
Aligned with the EU Commission Regulation No. 596/2014, known as the Market Abuse Regulation, and its Delegated Regulation (EU) 2016/1052, this programme embodies a structured approach to financial management. By adhering to these regulations, Jyske Bank aims to ensure compliance while maximizing impact in the equity market. Below is a detailed account of the transactions that occurred within the framework of this programme.
Recent Transactions Under the Programme
The latest transactions conducted under Jyske Bank's share repurchase programme illustrate a clear trajectory toward accumulating shares and enhancing market standing. Notably:
- Accumulated Shares Prior to Recent Transactions: 2,836,419 shares were held at an average purchase price of DKK 646.89, summing to a total transaction value of DKK 1,834,846,129.
- 8 December 2025: The bank acquired 14,815 shares at DKK 811.82, with a total transaction value of DKK 12,027,140.
- 9 December 2025: Another 14,943 shares were purchased at an average price of DKK 810.76, totaling DKK 12,115,208.
- 10 December 2025: The acquisition of 14,869 shares at DKK 812.50 resulted in a transaction value of DKK 12,081,030.
- 11 December 2025: The bank added 15,000 shares at an average price of DKK 819.43, amounting to DKK 12,291,426.
- 12 December 2025: An additional purchase of 15,000 shares at DKK 825.20 brought the total up by DKK 12,377,942.
Impact and Ownership Post Transactions
After all recent transactions, Jyske Bank now owns a total of 2,911,046 treasury shares, which excludes shares held on behalf of clients or for trading purposes. This represents approximately 4.73% of the bank's total share capital, indicating a growing ownership stake that's beneficial for enhancing market influence and shareholder loyalty.
Reasons Behind the Programme
This buyback initiative reflects Jyske Bank's robust financial health and strategic vision. By investing in its own shares, the bank not only demonstrates confidence in its growth prospects but also fortifies its commitment to enriching shareholder value consistently.
How Jyske Bank Communicates with Shareholders
Jyske Bank remains dedicated to clear communication with its stakeholders. The recent announcements on the share repurchase programme have been conveyed through comprehensive channels, ensuring transparency in operations and the intention behind share acquisitions.
Should you have any inquiries or require further insights regarding the share repurchase programme, please feel empowered to reach out.
Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.
Frequently Asked Questions
What is the purpose of Jyske Bank's share repurchase programme?
The programme is designed to enhance shareholder value by buying back shares from the market.
How much is Jyske Bank planning to spend on the share repurchase?
The bank aims to spend up to DKK 2.25 billion on share acquisitions during the programme.
When does the share repurchase programme commence and conclude?
It began on 26 February 2025 and is expected to end by 30 January 2026.
What percentage of the share capital does Jyske Bank own?
Post transactions, Jyske Bank owns approximately 4.73% of its total share capital.
Who can I contact for more information about the share repurchase programme?
You can reach out to Birger Krøgh Nielsen, CFO, at +45 89 89 64 44 for inquiries.
