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SpareBank 1 SMN Expands Employee Savings Program with ECC Purchase

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SpareBank 1 SMN Expands Employee Savings Program with ECC Purchase

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SpareBank 1 SMN ( (SRMGF) ) has shared an update.

SpareBank 1 SMN has purchased 23,959 equity certificates at a price of NOK 191.6396 each for its employee savings program, bringing its total holdings to 59,194 ECCs. This transaction reflects the bank’s ongoing commitment to its employee savings scheme and its strategic use of buybacks as authorized by its Supervisory Board, potentially impacting its financial positioning and stakeholder interests.

The most recent analyst rating on (SRMGF) stock is a Hold with a NOK171.00 price target. To see the full list of analyst forecasts on SpareBank 1 SMN stock, see the SRMGF Stock Forecast page.

More about SpareBank 1 SMN

YTD Price Performance: 19.53%

Average Trading Volume: 105,179

Current Market Cap: NOK27.5B

Find detailed analytics on SRMGF stock on TipRanks’ Stock Analysis page.

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