Silkeborg, 2016-07-01 08:42 CEST (GLOBE NEWSWIRE) -- Share repurchase programme
The share buy-back programme runs from 09 November 2015 to 30 June 2016. In this period Jyske Bank will acquire shares with a value of up to DKK 750 million, cf. company announcement No. 13/2016 of 23 February 2016, where the original share buy-back programme of DKK 500 million got increased with a total amount of DKK 250 million, with effect as of 1 March 2016. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) which ensures that Jyske Bank is protected against violation of insider legislation in relation to the share buy-back programme.
Since the announcement as of 06 November 2015, the following transactions have been made under the program:
Number of shares |
Average purchase price |
Transaction value in DKK | |
Accumulated, last announcement | 2,568,579 | 284.70 | 731,286,302 |
24 June 2016 | 29,000 | 257.16 | 7,457,498 |
27 June 2016 | 15,000 | 246.14 | 3,692,067 |
28 June 2016 | 9,800 | 249.26 | 2,442,740 |
29 June 2016 | 10,000 | 250.82 | 2,508,150 |
30 June 2016 | 10,361 | 252.20 | 2,613,095 |
Accumulated under the programme | 2,642,740 | 283.80 | 749,999,852 |
The share repurchase program announced has now been concluded.
With the transactions stated above, Jyske Bank has bought a total of 2,642,740 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 2.78% of the share capital.
Yours faithfully,
Jyske Bank
Any questions in regards to this announcement may be addressed to Trine Lysholt Nørgaard, Director, Head of Investor Relations, on tel. +45 89 89 64 29.