FilingReader Intelligence

SpareBank 1 SMN buys shares for employee savings program

October 31, 2025 at 02:00 PM UTCBy FilingReader AI

SpareBank 1 SMN announced on October 30, 2025, the purchase of 17,077 equity certificates at a price of NOK 190.38 per certificate. This acquisition is specifically for use in the group's savings program for its employees. Following this transaction, the bank now holds a total of 41,007 equity certificates.

The bank referenced earlier stock exchange notices providing further details on the savings scheme, including one dated December 18, 2024. Additionally, authorization for share buybacks, which includes this purchase, was part of a resolution from SpareBank 1 SMN’s Supervisory Board, as detailed in a notice from March 20, 2025.

This information was disclosed by SpareBank 1 SMN in Trondheim, with chief financial officer Trond Søraas listed as the contact person. The announcement adheres to the disclosure requirements outlined in section 5-12 of the Norwegian Securities Trading Act.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:MINGOslo Stock Exchange

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