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Sparebanken Norge Launches Equity Buy-Back Program

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Sparebanken Norge Launches Equity Buy-Back Program

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Sparebanken Vest ( (SPIZF) ) has provided an update.

Sparebanken Norge has initiated a buy-back program for its equity certificates, aimed at fulfilling its commitments related to an employee bonus program and facilitating an equity capital certificate purchase program for employees. The program allows for a maximum buy-back of NOK 60 million or 350,000 equity certificates over a six-week period, potentially impacting the bank’s financial strategy and employee engagement.

The most recent analyst rating on (SPIZF) stock is a Buy with a NOK135.00 price target. To see the full list of analyst forecasts on Sparebanken Vest stock, see the SPIZF Stock Forecast page.

More about Sparebanken Vest

YTD Price Performance: 18.09%

Average Trading Volume: 205,938

Current Market Cap: NOK26.75B

Learn more about SPIZF stock on TipRanks’ Stock Analysis page.

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