Sydbank buys back 37,000 shares: SEB targets Sydbank stock at DKK 810.00

Published on 10/18/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AL Sydbank spent DKK 26.5 million in week 41. SEB's DKK 810 target is dated October 8, while Sydbank stock holds 1.53 percent.

Capital returns and earnings

AL Sydbank bought 37,000 shares for DKK 26.5 million on October 12, 2026.
First-half 2026 revenue rose 77.00 percent and profit before tax increased 43.00 percent.
SEB set an DKK 810.00 price target on October 8, 2026.

Handelssaal der Nasdaq Copenhagen mit Bankaktien-Charts, Sydbank A/S, ISIN DK0010311471 — Editorial-Foto des Nasdaq-Copenhagen-Handelssaals mit OMXC25-Charts illustriert den Börsenplatz von Sydbank A/S, DK0010311471, Illustration mit AI erstellt.

Sydbank bought back 37,000 shares for DKK 26.5 million in week 41, while SEB set an DKK 810.00 target for Sydbank stock on October 8, 2026. The buyback update came from GlobeNewswire, while the target was listed by TargetWatch.

Three milestones shape the setup

On March 2, 2026, the DKK 1.1 billion buyback program began, according to GlobeNewswire. On August 26, 2026, first-half revenue had increased 77.00 percent and profit before tax had risen 43.00 percent, as reported by MarketScreener. The current event came on October 12, 2026, when the bank reported 37,000 repurchased shares and cumulative purchases of 1,317,000 shares.

What does the buyback change?

The program's effect is visible in the ownership data. Following the week 41 transactions, AL Sydbank held 1,318,948 own shares, equal to 1.53 percent of share capital, while cumulative buybacks reached DKK 758.2 million, according to GlobeNewswire. That gives the announcement a measurable capital-return angle rather than leaving the program as a general corporate action.

The operating backdrop is also quantified. MarketScreener said the bank expected full-year net profit in the upper half of the DKK 3.5 billion to DKK 4.0 billion range after the first half, while the latest target listed by TargetWatch was DKK 810.00 from SEB on October 8, 2026. The target sits above the latest DKK 699.50 reference shown by TargetWatch, a 15.80 percent difference.

Dates for the next decision points

TradingView lists November 5, 2026, as the next earnings date. The buyback program is scheduled to conclude on January 31, 2027, according to GlobeNewswire.

Capital return meets earnings execution

The next report will test whether the first-half earnings pace can continue while the buyback reduces share capital. For investors, the key figures are the DKK 758.2 million already spent and the DKK 3.5 billion to DKK 4.0 billion full-year profit range.

The further course of trading is shown by the continuously updated real-time quote of Sydbank stock.