Danske Bank Share Buy-Back Programme: Transactions in Week 2
On February 2, 2024, Danske Bank A/S announced a significant share buy-back programme amounting to DKK 5.5 billion. This programme is set to cover a maximum of 70 million shares and will extend from February 5, 2024, to January 31, 2025, at the latest. The details of this programme align with company announcement no. 2 2024.
The share buy-back activities are conducted according to Regulation (EU) No. 596/2014, established by the European Parliament and Council on April 16, 2014, along with the Commission’s delegated regulation (EU) 2016/1052, issued on March 8, 2016. This framework is commonly known as the Safe Harbour Rules.
In week 2 of the buy-back programme, Danske Bank executed several transactions. Below is a summary of the transactions made during this week:
Number of shares | VWAP DKK | Gross value DKK | |
Accumulated, last announcement | 26,108,596 | 201.7961 | 5,268,612,939 |
06/01/2025 | 47,188 | 203.7896 | 9,616,424 |
07/01/2025 | 25,000 | 206.5100 | 5,162,750 |
08/01/2025 | 25,000 | 206.5162 | 5,162,905 |
09/01/2025 | 32,639 | 204.9988 | 6,690,956 |
10/01/2025 | 25,000 | 208.6109 | 5,215,273 |
Total accumulated over week 2 | 154,827 | 205.7025 | 31,848,307 |
Total accumulated during the share buyback programme | 26,263,423 | 201.8191 | 5,300,461,246 |
As a result of the recent transactions, the total number of shares that Danske Bank has repurchased under this programme now stands at 26,263,423, which is approximately 3.05% of the company’s total share capital.
In compliance with the Commission’s delegated regulation (EU) 2016/1052, detailed information regarding each transaction is provided here.
For further inquiries, please contact Stefan Singh Kailay, Group Press Officer, at +45 45 14 14 00.
This disclosure is in accordance with Section 5-12 of the Norwegian Securities Trading Act.
- Company announcement no 2 2025
- Individual Transactions-Week 2