On 3 June 2024, Jyske Bank initiated a share repurchase programme that was to be concluded on 31 January 2025 at the latest. In this period, Jyske Bank would acquire shares with a value of up to DKK 1.5 billion, cf. Corporate Announcement No. 12/2024 of 7 May 2024. The share repurchase programme was initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”.
Following the transactions stated below, own shares worth DKK 1.5 billion have been repurchased and the programme has been concluded:
Number of shares | Average purchase price (DKK) | Transaction value (DKK) | |
Accumulated, previous announcement | 2,717,007 | 542.94 | 1,475,177,479 |
30 September 2024 | 60 | 523.26 | 31,396 |
1 October 2024 | 20,291 | 516.35 | 10,477,162 |
2 October 2024 | 6,349 | 516.32 | 3,278,124 |
3 October 2024 | 21,411 | 515.41 | 11,035,425 |
Accumulated under the programme | 2,765,118 | 542.47 | 1,499,999,584 |
Following settlement of the transactions stated above, Jyske Bank will own a total of 2,765,118 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 4.30% of the share capital.
In accordance with the EU Commission Regulation No. 596/2014, the abovementioned transactions related to the share buy-back programme are attached to this corporate announcement in detailed form.
Yours faithfully,
Jyske Bank
Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.
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