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SpareBank 1 Sør-Norge Extends Share Savings Scheme for 2025

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SpareBank 1 Sør-Norge Extends Share Savings Scheme for 2025

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Sparebank 1 SR Bank ASA ( (GB:0Q57) ) has shared an update.

SpareBank 1 Sør-Norge announced the continuation of its share savings scheme for 2025, encouraging employees to become co-owners and align with the bank’s strategic goals. The scheme offers two subscription periods with a 30% discount on shares, involving a 2-year lock-up period. With 76% employee participation, the bank plans to buy back shares worth approximately 85 MNOK, reflecting strong internal support for the initiative.

More about Sparebank 1 SR Bank ASA

SpareBank 1 Sør-Norge is a financial institution primarily involved in banking services. It focuses on providing financial solutions for both retail and corporate clients in Norway.

YTD Price Performance: 4.28%

Average Trading Volume: 20,557

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK57.21B

For detailed information about 0Q57 stock, go to TipRanks’ Stock Analysis page.

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