Overview of the Share Repurchase Programme
Jyske Bank has initiated an extensive share repurchase programme designed to run until early the following year. The programme, which commenced on 26 February 2025, will see acquisitions of up to DKK 2.25 billion worth of shares. This initiative aligns with both regulatory standards set by the EU, ensuring the integrity and transparency expected in market operations. The intention behind these repurchases is not only to enhance shareholder value but also to exhibit the bank’s solid financial standing.
Recent Transactions Under the Programme
As part of this initiative, Jyske Bank has executed multiple transactions aimed at acquiring shares over recent days. Here's a breakdown of the notable transactions from the last week of October:
Transaction Details
As of the end of October 2025, the total number of shares acquired under the share repurchase programme has reached an impressive 2,471,100 shares. Notably, the average purchase price has been DKK 627.04, contributing significantly to the bank's treasury shares. Here are the specific transactions:
- Accumulated, previous announcement: 2,399,576 shares at an average price of DKK 623.22, totaling DKK 1,495,468,079.
- On 27 October 2025, 1,000 shares were purchased at DKK 743.68, totaling DKK 743,682.
- On 28 October 2025, an additional 9,000 shares were bought at DKK 747.34, bringing the total transaction value to DKK 6,726,077.
- The most substantial single transaction occurred on 29 October 2025, when 32,927 shares were purchased at DKK 755.63, accumulating a total value of DKK 24,880,780.
- Lastly, on 30 October 2025, 13,772 shares were acquired at an average price of DKK 756.37, with a value of DKK 10,416,785.
- On 31 October 2025, 14,825 shares were bought at DKK 759.04, valuing DKK 11,252,753.
In total, the accumulated number of shares purchased under the programme has significantly increased, reflecting the bank's commitment to enhancing its shareholder returns.
Impact on Share Capital
Following the completion of the aforementioned transactions, Jyske Bank now holds a total of 2,471,100 treasury shares. This represents approximately 4.02% of the bank’s share capital. The shares acquired will play a key role in maintaining shareholder confidence and support the bank's ongoing financial strategies.
Conclusion and Contact Information
As Jyske Bank continues to execute its share repurchase programme, it reaffirms its dedication to boosting shareholder value and strengthening its market position. The proactive approach in buybacks serves as a testament to the bank’s robust financial health and market strategy.
For further inquiries, please reach out to Birger Krøgh Nielsen, CFO, at +45 89 89 64 44.
Frequently Asked Questions
What is the purpose of the share repurchase programme?
The programme is intended to enhance shareholder value and demonstrate Jyske Bank's financial health and stability.
How many shares has Jyske Bank repurchased so far?
As of the latest reports, Jyske Bank has repurchased a total of 2,471,100 shares.
What is the duration of the share repurchase programme?
The programme runs from 26 February 2025 until 30 January 2026.
How does the repurchase affect the company’s share capital?
Repurchased shares will reduce the circulating share capital and strengthen the bank’s treasury holdings, representing approximately 4.02% of the total share capital.
Who can be contacted for more information about the programme?
For inquiries, Birger Krøgh Nielsen, CFO, is the point of contact at +45 89 89 64 44.
