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AL Sydbank buys back 30,000 shares in Week 34 at DKK 19.3m cost

Danske Bank executed the buyback at DKK 639.01-649.09 per share. The program, launched in March 2026, has repurchased 1.08 million shares for DKK 594m to date.

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Priya Anand · Equities & Earnings Desk · 24 Aug 2026 · 09:30 · 1 min read
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AL Sydbank buys back 30,000 shares in Week 34 at DKK 19.3m cost

AL Sydbank A/S completed a DKK 19.3 million share buyback during Week 34, purchasing 30,000 of its own shares at volume-weighted average prices between DKK 639.01 and DKK 649.09.

The transactions were executed by Danske Bank A/S on AL Sydbank’s behalf across five trading days from August 17 to August 21, with 6,000 shares acquired daily. The buyback forms part of a broader program announced on February 25, 2026, with a total authorized budget of DKK 1.1 billion.

Since the program’s March 2 start date, AL Sydbank has repurchased 1,081,000 shares for DKK 593.8 million, reducing its share capital. The bank now holds 1,081,904 treasury shares, representing 1.23% of its issued share capital.

The program operates under EU Safe Harbour rules, specifically Regulation No. 596/2014 and Commission Delegated Regulation 2016/1052, and is scheduled to conclude on January 31, 2027.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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