Jyske Bank's Share Buyback Update for Week 30 in 2025
Overview of the Share Buyback Program
The share repurchase program commenced on February 26, 2025, and is set to conclude by January 30, 2026. Through this initiative, Jyske Bank is set to repurchase shares worth up to DKK 2.25 billion, as outlined in Corporate Announcement No. 3/2025. This strategic move is in adherence to the EU Commission's Market Abuse Regulation and the associated Safe Harbour Rules, ensuring transparency and compliance.
Recent Transactions Under the Program
As part of this share buyback program, the following transactions were completed:
Transaction Summary
As of the current report, Jyske Bank has completed a series of transactions aimed at acquiring its own shares. Below are the notable details:
| Transaction Date | Number of Shares | Average Purchase Price (DKK) | Transaction Value (DKK) |
|---|---|---|---|
| Accumulated, previous announcement | 1,327,903 | 564.14 | 749,118,991 |
| 21 July 2025 | 20,000 | 644.79 | 12,895,882 |
| 22 July 2025 | 14,044 | 643.86 | 9,042,394 |
| 23 July 2025 | 9,197 | 646.79 | 5,948,551 |
| 24 July 2025 | 14,867 | 651.80 | 9,690,297 |
| 25 July 2025 | 13,125 | 646.81 | 8,489,434 |
| Accumulated under the programme | 1,399,136 | 568.34 | 795,185,548 |
Total Shares Owned
After settling the latest transactions, Jyske Bank now holds a total of 1,399,136 treasury shares. This figure excludes any shares held on behalf of clients or those designated for trading purposes, representing about 2.29% of the overall share capital.
Future Outlook
Looking ahead, Jyske Bank plans to continue its share repurchase initiatives. The strategic focus also includes maintaining liquidity while efficiently managing capital amongst shareholders. These efforts exemplify the bank's commitment to enhancing shareholder value and confidence in its ongoing operations.
Contact Information
For further information, 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 program?
The purpose is to buy back shares to return capital to shareholders and support share pricing.
How long is the repurchase program set to run?
The program is scheduled to run from February 26, 2025, to January 30, 2026.
How many shares has Jyske Bank repurchased so far?
As of now, Jyske Bank has repurchased 1,399,136 shares.
What has been the average purchase price per share?
The average purchase price per share is DKK 568.34.
Who can I contact for more information?
You can contact Birger Krøgh Nielsen, CFO, at +45 89 89 64 44 for any inquiries.
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