Danish bank Sydbank announces a DKK 1.2bn ($177m) share buyback program in Feb 2024, ending by Jan 2025.

Sydbank, a Danish bank, announced a DKK 1.2bn ($177m) share buyback program in Feb 2024, ending by Jan 2025, to reduce share capital. The program complies with the Safe Harbour rules of EU Regulation 596/2014 and Delegated Regulation 2016/1052. Sydbank purchased 7.7m shares in week 12, accounting for 3.76% of its total share capital.