SpareBank 1 Sor-Norge launches buyback of up to 3,717,017 shares (1%)

Reuters2026/07/28 05:00

By:Reuters

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SpareBank 1 Sør-Norge launched a share buyback of up to 1% of shares, totaling 3,717,017, starting in week 32.
Norway’s FSA cleared the program, capped so repurchases do not cut own funds by more than NOK 1.02 billion.
Buybacks aim to optimize capital structure, targeting a roughly 0.45 percentage-point reduction in the CET1 ratio.
Purchases set for a regulated market at NOK 25 to NOK 275 per share, due to end no later than June 30, 2027.
Repurchased shares expected to be proposed for cancellation at the next annual general meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SpareBank 1 Sor-Norge launches buyback of up to 3,717,017 shares (1%)

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