What is the anticipated share price range at which Jyske Bank will conduct purchases, and how will that be communicated to the market?
Anticipated price‑range for purchases
The programme documents do not disclose a fixed price band in the summary you provided; instead, Jyske Bank is required to announce the exact price window it will use for each tranche of the buy‑back in its periodic “transactions‑of‑week” disclosures. In practice, issuers typically set a purchase band that sits close to the prevailing market price – often a few percent below the prevailing average price – in order to stay within the “safe‑harbour” limits set by the EU Market Abuse Regulation (e.g., a 5‑%‑above‑and‑below band relative to the VWAP of the previous 10‑day period). This approach allows the bank to acquire shares at a modest discount while avoiding any perception of market manipulation.
How the range will be communicated
Each week the bank files a “Share Repurchase – Transaction of Week 32 2025” announcement with the Danish Financial Supervisory Authority and the relevant stock exchange (Nasdaq Copenhagen). The announcement will contain the precise price range (e.g., “DKK X‑Y per share”) and the amount of shares to be bought, and it will be disseminated via a public corporate announcement (press release) and posted on the exchange’s news‑feed portal. The information is therefore instantly available to all market participants, ensuring transparency and compliance with the Safe‑Harbour Rules. Traders can therefore monitor these weekly disclosures for the exact price corridor and time their own trades accordingly—either by aligning with the disclosed buy‑back window for potential short‑term price support or by avoiding buying ahead of a likely purchase‑triggered rally.