Stocks

Danske Bank Share Buy-Back Programme: Transactions in Week 2

Published January 13, 2025

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 announcement26,108,596201.79615,268,612,939
06/01/202547,188203.78969,616,424
07/01/202525,000206.51005,162,750
08/01/202525,000206.51625,162,905
09/01/202532,639204.99886,690,956
10/01/202525,000208.61095,215,273
Total accumulated over week 2154,827205.702531,848,307
Total accumulated during the share buyback programme26,263,423201.81915,300,461,246

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
Danske, Bank, buy-back