Jyske Bank's Share Repurchase Program: Week 25 Transactions Overview

In a strategic move to enhance shareholder value, Jyske Bank has reported the transactions of its share repurchase program for week 25, which occurred from June 16 to June 20, 2025. This program, initiated on February 26, 2025, and set to conclude by January 30, 2026, allows the bank to acquire shares worth up to DKK 2.25 billion, as outlined in Corporate Announcement No. 3/2025.
According to Birger Krøgh Nielsen, Chief Financial Officer of Jyske Bank, the share repurchase initiative adheres to the EU Commission Regulation No. 596/2014, commonly referred to as the Market Abuse Regulation, along with the related Commission Delegated Regulation (EU) 2016/1052. This regulatory framework is designed to ensure transparency and fairness in the share repurchase process, providing a 'Safe Harbour' for such transactions.
During the reporting week, Jyske Bank executed several transactions, acquiring a total of 75,456 shares. The average purchase price for these shares ranged from DKK 622.52 to DKK 636.39, with a total transaction value amounting to DKK 54,699,115. This brings the total shares repurchased under the program to 1,101,985, which constitutes approximately 1.79% of the bank's total share capital.
The breakdown of transactions is as follows: - June 16, 2025: 15,000 shares at DKK 636.39 for a total of DKK 9,545,919 - June 17, 2025: 20,000 shares at DKK 628.09 for a total of DKK 12,561,798 - June 18, 2025: 19,892 shares at DKK 627.82 for a total of DKK 12,488,633 - June 19, 2025: 8,085 shares at DKK 622.52 for a total of DKK 5,033,107 - June 20, 2025: 13,479 shares at DKK 625.81 for a total of DKK 8,435,235
As of the latest announcement, the accumulated share repurchases under the program total DKK 603,060,688. The shares acquired are not intended for trading purposes or customer investments but are held as treasury shares, thereby reinforcing the bank's commitment to returning value to its shareholders.
The implications of this share repurchase program are significant in the context of Jyske Bank’s long-term financial strategy. By reducing the number of outstanding shares, the bank aims to enhance earnings per share, potentially leading to an increase in stock price, which is a key focus for investors. Moreover, such buybacks are often perceived as a sign of management's confidence in the company's future performance.
Looking forward, continued transparency and adherence to regulatory guidelines will be crucial as Jyske Bank navigates the complexities of the share repurchase landscape. Stakeholders will be keenly observing the impact of these transactions on the bank’s share price and overall financial health in the coming months, as the program unfolds until early 2026.
For further information, investors can contact Birger Krøgh Nielsen at +45 89 89 64 44.
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