Overview of Jyske Bank's Share Repurchase Programme
As part of its commitment to enhance shareholder value, Jyske Bank is currently executing a share repurchase programme that officially commenced on 26 February 2025 and will extend until the conclusion of 30 January 2026. This initiative aims to acquire shares valued up to DKK 2.25 billion. This detailed approach is aligned with the EU Commission Regulation No. 596/2014, also known as the Market Abuse Regulation, along with the relevant Commission Delegated Regulation (EU) 2016/1052.
Insights into Recent Transactions
Throughout the programme, numerous transactions have taken place, reflecting Jyske Bank's strategic efforts to consolidate its shares in the market. Here’s a summary of the notable transactions completed recently:
Transaction Summary
Under the programme, the bank initially announced the acquisition of a significant number of shares. From the first report until a recent date, the accumulated shares rose impressively. Below are the transactions conducted in the latest weeks:
Previous Transactions Accumulated:
- Accumulated Shares: 2,689,981
- Average Purchase Price: DKK 638.70
- Total Transaction Value: DKK 1,718,085,924
Here’s a breakdown of the transactions by date:
- 24 November 2025 - 14,988 shares at an average price of DKK 777.26, total value of DKK 11,649,600
- 25 November 2025 - 15,000 shares at an average price of DKK 784.72, total value of DKK 11,770,725
- 26 November 2025 - 14,886 shares at an average price of DKK 794.93, total value of DKK 11,833,401
- 27 November 2025 - 15,061 shares at an average price of DKK 795.10, total value of DKK 11,975,052
- 28 November 2025 - 14,210 shares at an average price of DKK 795.28, total value of DKK 11,300,929
Accumulated Under the Programme:
- Total Shares Acquired: 2,764,126
- Average Purchase Price: DKK 642.74
- Total Transaction Value: DKK 1,776,615,631
Impact on Shareholder Equity
Following the completion of these transactions, Jyske Bank now holds a total of 2,764,126 treasury shares, which represents approximately 4.49% of the firm’s share capital. This robust approach promotes Jyske Bank's mission to solidify its equity standing while authentically connecting with shareholders.
Conclusion
This ongoing share repurchase programme underscores Jyske Bank’s strategic focus on enhancing shareholder value through prudent financial decisions. As the financial landscape evolves, initiatives like these are crucial for not only sustaining but also growing shareholder confidence.
For further inquiries, please reach out to Birger Krøgh Nielsen, CFO at Jyske Bank, via phone 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 acquiring shares from the market, thereby consolidating ownership.
How many shares has Jyske Bank repurchased recently?
Recently, Jyske Bank has repurchased a total of 2,764,126 shares under the current programme.
What price range has Jyske Bank paid for its repurchased shares?
The average purchase prices for the shares vary, with recent averages around DKK 642.74 to DKK 795.28.
Is the share repurchase programme aligned with EU regulations?
Yes, the programme complies with the EU Commission Regulation No. 596/2014 and associated regulations, ensuring legal conformity.
Who should I contact for more information on the programme?
For inquiries, you can contact Birger Krøgh Nielsen, the CFO at Jyske Bank, at +45 89 89 64 44.
