Sparebanken Møre - Initiate share buyback program
2024-08-19 15:32:12
Sparebanken Møre has decided to initiate an Equity Certificate buyback program.
The buyback program will be conducted in accordance with the authorization
provided by the General Meeting on 3rd April 2024 and FSA approval dated 16th
August 2024 to acquire own Equity Certificates. The buyback program will
commence on 20th August 2024 and continue until 17th September 2024. The buyback
program will have a maximum consideration of NOK 9.5 million and for a maximum
of 100.000 Equity Certificates. Buyback transactions will be executed according
to the market price on Euronext Oslo Stock Exchange. Equity Certificates
purchased under this program will be used in connection with the Bank's employee
remuneration program.
Contact person: Ove T. Ness, Head of Treasury, Tlf 70113174 - Mob 95762524
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act