FilingReader Intelligence

SpareBank 1 SMN buys own equity certificates for employee scheme

December 9, 2025 at 06:09 AM UTCBy FilingReader AI

SpareBank 1 SMN announced on December 8, 2025, the purchase of 22,985 of its own equity certificates at a price of NOK 195.19 per certificate. These certificates are intended for resale to employees participating in the group's 2025 savings scheme. Following this transaction, the bank's total holding of its own equity certificates stands at 56,923.

The bank referenced earlier stock exchange announcements for additional details regarding the employee savings program and the authorization for buybacks. A stock exchange announcement on December 18, 2024, provides further information on the savings scheme, while the mandate for repurchasing equity certificates, approved by the board of representatives, was detailed in an announcement on March 20, 2025.

This transaction is part of the bank's strategy to engage its employees through share ownership. The financial director, Trond Søraas, is listed as the contact person for further inquiries.

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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