Sparekassen Sjælland-Fyn A/S commences an Equity Buyback Plan for 521,249 shares, representing 3% of its issued share capital, under the authorization approved on March 9, 2023.

Sparekassen Sjælland-Fyn A/S (CPSE:SPKSJF) commences share repurchases on August 10, 2023, under the program mandated by the shareholders in the Annual General Meeting held on March 9, 2023. As per the mandate, the company is authorized to repurchase up to 521,249 shares, representing 3% of its issued share capital. The repurchase price must not deviate from the stock market price quoted at the time of acquisition by more than 10%.

The repurchase authorization is valid until the next ordinary general meeting. As of February 14, 2023, the company had 17,374,973 shares in issue.