Skip to main content

Share buybacks in Spar Nord Bank – transactions in week 7

In company announcement no. 10 2024, Spar Nord announced a share buyback programme of up to DKK 500 million. The share buyback was initiated on 12 February 2024.

The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”).

In last week the following transactions were made under the share buyback programme.

  Number of shares Average purchase price Transaction value (DKK)
12. February 2024  22,000  117.35  2,581,700
13. February 2024  20,000  119.95  2,399,000
14. February 2024  20,000  119.71  2,394,200
15. February 2024  20,000  120.04  2,400,800
16. February 2024  20,000  121.83  2,436,600
Total week 07 102,000 12,212,300
Total accumulated 2,866,595 312,212,119

Following the above transactions. Spar Nord holds a total of 3,033,995
 treasury shares. equal to 2.52 % of the Bank’s share capital.

Please direct any questions regarding this release to Rune Brandt
Børglum. Head of Investor Relations. on tel. + 45 9634 4236

Rune Brandt Børglum

Head of Investor Relation

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.