The shareholders of Svendborg Sparekasse A/S (CPSE:SVEND) authorized a share repurchase program at the Annual General Meeting on March 17, 2011. Under the plan, the company will repurchase up to 10% of its issued share capital. The maximum price which may be paid for each share will not be more than 10% of its current rate. The share buyback program will be valid until the company's next Annual General Meeting.

Svendborg Sparekasse A/S' share repurchase program expired on December 31, 2012.