Danish firms like Sydbank and Danske Bank announce share buybacks totaling billions of Danish kroner.

Several Danish companies, including Sydbank, Scandinavian Tobacco Group, Alm. Brand, Danske Bank, and ISS A/S, have announced or are continuing share buyback programs aimed at reducing their share capital and managing obligations from incentive programs. Sydbank's program involves buying back up to DKK 1.2 billion in shares, while Alm. Brand increased its program to DKK 220 million. Danske Bank and ISS A/S also have programs with maximum spend limits of DKK 5.5 billion and DKK 1.5 billion, respectively. These programs are regulated under EU Market Abuse Regulation and Safe Harbour rules.

November 25, 2024
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