Danske Bank said on Monday that it repurchased 317,832 shares for a gross value of DKK 118,487,790 during week 37, as part of its ongoing DKK 4.5 billion share buy-back programme.
The disclosure, covering transactions carried out in the week, showed cumulative shares repurchased under the programme had reached 7,497,954 shares, worth a total of DKK 2,514,633,224, since the buyback began earlier this year.
PROGRAMME RUNS INTO EARLY 2027
The buy-back programme was announced on 5 February 2026 with a total value of DKK 4.5 billion and a maximum of 45,000,000 shares. It began on 9 February 2026 and is scheduled to run until 29 January 2027 at the latest, giving Danske Bank close to a year to complete the full repurchase amount.
The accumulated repurchases to date represent 0.919% of Danske Bank's total share capital, and the DKK 2.51 billion spent so far is more than half of the programme's DKK 4.5 billion total.
WEEKLY DISCLOSURES TRACK PROGRESS
The programme is carried out under the safe-harbour provisions of the EU Market Abuse Regulation, the announcement said.
The announcement broke the week's purchases down by day and by venue, with 202,349 shares bought on Nasdaq Copenhagen and 115,483 on Cboe Europe.
With a ceiling of 45,000,000 shares and a total value of DKK 4.5 billion, the programme was announced on 5 February 2026. With about DKK 2.51 billion spent, Danske Bank has roughly DKK 2 billion of the programme remaining as it works toward the 29 January 2027 deadline.
Danske Bank's cumulative repurchase total of 7,497,954 shares, worth DKK 2,514,633,224 since the programme's February 2026 start, was bought at a volume-weighted average price of DKK 335.38 per share, according to the announcement.
The programme, announced on 5 February 2026 and running through to 29 January 2027 at the latest, gives Danske Bank close to a full calendar year to complete repurchases up to the 45,000,000-share ceiling.
The volume-weighted average price for week 37 was DKK 372.80 per share, with daily averages ranging from DKK 371.08 on 9 September to DKK 379.93 on 11 September.