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Pareto Bank Completes Share Transactions for Profit Sharing and Employee Purchase Programs

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Pareto Bank Completes Share Transactions for Profit Sharing and Employee Purchase Programs

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Pareto Bank ASA ( (DE:8PB) ) has issued an update.

Pareto Bank ASA has completed a share transaction involving the allocation and sale of shares as part of its profit-sharing and employee share purchase programs for 2024 and 2025. The bank allocated 88,298 shares without consideration and sold 16,829 shares at NOK 75.81 each, resulting in the bank holding zero of its own shares. Key insiders, including the CEO and directors, have increased their personal and company holdings, reflecting confidence in the bank’s future performance.

More about Pareto Bank ASA

YTD Price Performance: 10.49%

Average Trading Volume: 489

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €493.3M

For an in-depth examination of 8PB stock, go to TipRanks’ Stock Analysis page.

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