Sydbank A/S (CPSE:SYDB) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares for DKK 1,200 million. The price paid for shares may not differ by more than 10% from the price quoted on Nasdaq Copenhagen A/S at the time of purchase.

The purpose of the program is to reduce the share capital of the company, optimize the capital structure in accordance with the company's capital targets and capital policy. The plan is valid till January 31, 2025.