Overview of Jyske Bank's Share Repurchase Program
Jyske Bank has recently embarked on an extensive share repurchase program, which commenced on February 26, 2025, and is set to last until January 30, 2026. The bank aims to acquire shares valued at up to DKK 2.25 billion, reflecting a significant commitment to shareholder value.
Compliance and Structure of the Program
This strategic initiative is meticulously structured in line with the European Union’s regulations, particularly adhering to the Market Abuse Regulation and the Commission Delegated Regulation. These regulations are designed to ensure transparency and fairness in the share repurchase processes undertaken by companies.
Details of Recent Transactions
As part of this repurchase program, several transactions have already taken place. By September 19, 2025, Jyske Bank changed the landscape of their treasury shares significantly. Below is a detailed account of these transactions:
Transaction Summary
Prior to the recent purchases, Jyske Bank had already acquired a total of 1,959,088 shares, which were procured at an average price of DKK 600.65, resulting in a significant investment of approximately DKK 1,176,730,315.
Here's a breakdown of the transactions conducted in mid-September 2025:
- **September 15, 2025**: Acquired 8,816 shares at an average price of DKK 701.69, totaling DKK 6,186,119.
- **September 16, 2025**: Acquired 9,000 shares at DKK 700.89, resulting in a transaction value of DKK 6,308,018.
- **September 17, 2025**: Purchased 8,895 shares at DKK 699.58, with a transaction value of DKK 6,222,777.
- **September 18, 2025**: Added 8,730 shares at DKK 698.31, bringing the total to DKK 6,096,229.
- **September 19, 2025**: Finalized the acquisition of 19,900 shares at an average price of DKK 698.85, totaling DKK 13,907,129.
These transactions reflect Jyske Bank's growing confidence in its market position and are aimed at fostering long-term value for shareholders.
Cumulative Impact
By the end of the transactions on September 19, 2025, Jyske Bank's total treasury shares reached 2,014,429, excluding those shares designated for customer investments and trading. This marks approximately 3.28% of the company’s share capital, demonstrating a robust strategy towards enhancing shareholder equity.
Conclusion and Future Insights
Acquisitions like these not only highlight Jyske Bank's commitment to returning value to its shareholders but also position the bank favorably within the competitive landscape. Investors can expect ongoing updates as further transactions unfold under this share repurchase program.
For inquiries or more information about our share repurchase program, feel free to reach out to: Birger Krøgh Nielsen, CFO, at +45 89 89 64 44.
Frequently Asked Questions
What is the goal of Jyske Bank's share repurchase program?
The objective is to acquire shares valued up to DKK 2.25 billion to enhance shareholder value.
How long will the share repurchase program run?
The program is set to run until January 30, 2026.
How many shares did Jyske Bank acquire by mid-September 2025?
By mid-September 2025, Jyske Bank acquired a total of 2,014,429 treasury shares.
What is the average purchase price of shares under this program?
The average purchase price for shares acquired is approximately DKK 603.37.
Who can I contact for more information about the share repurchase program?
For further details, you can contact Birger Krøgh Nielsen, CFO, at +45 89 89 64 44.
