Overview of Share Buyback#
Jyske Bank, a prominent financial institution in Denmark, has recently repurchased 83,296 of its own shares during the 18th week of 2026. This action is part of a broader strategy to buy back shares, which is often done to increase the value of remaining shares and improve financial ratios.
Details of the Transactions#
The share purchases occurred between April 27 and May 1, with the average price per share ranging from DKK 881.03 to DKK 885.88. The total value of these transactions for the week reached DKK 73,585,077, showcasing the bank's commitment to its buyback initiative.
Buyback Program Overview#
Jyske Bank's share buyback program is set to run from February 5, 2026, to January 29, 2027. The bank aims to repurchase shares worth up to DKK 3 billion during this timeframe, as outlined in their official announcement. As of now, the bank has repurchased a total of 864,019 shares under this program, with an average purchase price of DKK 907.32, amounting to a total value of DKK 783,944,969.
Current Ownership Status#
Following these recent transactions, Jyske Bank now holds 4,173,547 of its own shares, which excludes shares held for customers and trading purposes. This represents 6.79% of the bank's total share capital, indicating a significant level of self-investment.
Regulatory Compliance#
The buyback program is being conducted in accordance with the EU Commission Regulation (EU) No. 596/2014, known as the Market Abuse Regulation, and the EU Commission Delegated Regulation (EU) 2016/1052. These regulations are designed to ensure transparency and fairness in the market.