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SpareBank 1 SMN Expands Equity Holdings for Employee Savings Program

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SpareBank 1 SMN Expands Equity Holdings for Employee Savings Program

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

SpareBank 1 SMN has purchased 29,266 equity certificates at NOK 196.01 each for its employee savings program, increasing its total holdings to 33,938 ECCs. This move is part of a broader strategy authorized by the Supervisory Board to buy back equity certificates, potentially impacting its market positioning and stakeholder interests.

More about SpareBank 1 SMN

SpareBank 1 SMN operates in the financial industry, providing banking services and products. It is part of the SpareBank 1 Alliance, focusing on serving individual and corporate customers in Norway.

YTD Price Performance: 22.34%

Average Trading Volume: 105,351

Current Market Cap: NOK28.14B

For an in-depth examination of SRMGF stock, go to TipRanks’ Overview page.

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