PayModum Announces Acquisition of Floid Inc. to Strengthen US Bank Payment Capabilities - Finance Magnates
PayModum→Floid
May 11, 2026

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Jyske Bank has completed the acquisition of treasury shares, a banking business in Denmark, for $856.4 million. The public company banking acquisition relates to Jyske Bank acquisitions under a share repurchase programme in the financial services sector, increasing treasury share holdings to 4,256,055 shares. Jyske Bank acquisitions are executed as other acquisition activity to return capital to shareholders while maintaining compliance with EU Market Abuse Regulation safe harbour rules. The other acquisition is structured as a public company acquisition with a maximum repurchase value of DKK 3 billion from 5 February 2026 to 29 January 2027, with transactions reported during May 2026.
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