Overview of the Share Repurchase Programme
Commencing on 26 February 2025, Jyske Bank has initiated a share repurchase programme that is set to continue until the latest date of 30 January 2026. Throughout this period, the bank aims to acquire shares totaling up to DKK 2.25 billion as outlined in Corporate Announcement No. 3/2025. This initiative is structured in accordance with the EU Commission Regulation No. 596/2014, which is known as the Market Abuse Regulation, along with relevant delegated regulations to ensure compliance.
Recent Transactions Under the Programme
The current transaction cycle has led to several share purchases by Jyske Bank, amounting to a significant number of shares acquired on various dates. Below, let's break down the details of these transactions:
Transaction Summary
The following table illustrates the accumulated transactions made under the share repurchase programme:
Transaction Details:
Accumulated from Previous Announcements
- Number of Shares: 2,471,100
- Average Purchase Price (DKK): 627.04
- Transaction Value (DKK): 1,549,488,157
Transactions for Week 45
During the week precisely covering 3-7 November 2025, here are the share purchases made:
- 3 November 2025: 14,000 shares at an average purchase price of 763.57 DKK, totaling 10,689,951 DKK.
- 4 November 2025: 11,081 shares at 762.58 DKK, amounting to 8,450,126 DKK.
- 5 November 2025: 14,893 shares purchased at 765.51 DKK, leading to a total of 11,400,733 DKK.
- 6 November 2025: 14,898 shares at 773.18 DKK, bringing the transaction value to 11,518,895 DKK.
- 7 November 2025: 14,332 shares acquired at 759.82 DKK, with a total value of 10,889,805 DKK.
Current Status of the Share Repurchase
As of now, following the completion of the transactions listed above, Jyske Bank owns a total of 2,540,304 treasury shares. This figure excludes any shares acquired on behalf of customers or intended for trading purposes. Collectively, these holdings reflect approximately 4.13% of the bank's total share capital.
Looking Ahead
As Jyske Bank progresses with its share repurchase programme, it continues to focus on enhancing shareholder value while adhering to regulatory guidelines. These strategic acquisitions symbolize the bank’s commitment to its investors, reinforcing its position in the market. The management remains actively involved in monitoring market conditions to optimize future repurchases.
For any further inquiries regarding this programme, please feel free to reach out to Birger Krøgh Nielsen, CFO, via telephone at +45 89 89 64 44.
Frequently Asked Questions
What is the purpose of Jyske Bank's share repurchase programme?
The programme aims to enhance shareholder value by repurchasing shares in the market, reflecting the bank's commitment to its investors.
How much is Jyske Bank planning to spend on the share repurchase?
Jyske Bank plans to acquire shares with a total value of up to DKK 2.25 billion.
What percentage of shares does Jyske Bank currently own as treasury shares?
Jyske Bank currently owns 2,540,304 treasury shares, corresponding to about 4.13% of the total share capital.
Who can be contacted for more information about the programme?
For additional details, Birger Krøgh Nielsen, CFO, can be contacted at +45 89 89 64 44.
When did the share repurchase programme start?
The share repurchase programme commenced on 26 February 2025.
