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Pareto Bank ASA - Initiation of share buyback program
Pareto Bank ASA - Initiation of share buyback
About this update from Pareto Bank Asa
Pareto Bank ASA (the "Company") has today engaged Pareto Securities AS to conduct a buyback of own shares to be used in the Company's bonus and share purchase programs for management and employees. The program's purpose is to fulfill obligations arising as a result of the Company's bonus program, as well as facilitate the implementation of its share purchase program. The maximum pecuniary amount allocated to the program is NOK 8,000,000 . The maximum number of shares to be acquired is 200,000. The buyback will be made in accordance with the authorization granted at the Company's annual general meeting on 3 April 2025 and in accordance with article 5 of the Market Abuse Regulation. The buyback will commence 3 February 2026 and is expected to end no later than 20 March 2026 . Shareholders with questions regarding the share buyback program are kindly asked to contact In-house legal counsel Even Wahl tlf. +47 47 27 05 31. This information is announced in accordance with article 5 of the Market Abuse Regulation and section 5-12 of the Securities Trading Act. Click here for more information © Oslo Bors ASA, source Oslo Stock Exchange