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Pareto Bank ASA Initiates Share Repurchase Program

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Pareto Bank ASA Initiates Share Repurchase Program

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Pareto Bank ASA ( (DE:8PB) ) has shared an announcement.

Pareto Bank ASA has engaged Pareto Securities AS to repurchase its own shares, allocating a maximum of NOK 8,500,000 for this purpose. The repurchase is part of a profit-sharing and share purchase program for management and employees, with a cap of 150,000 shares, and is expected to be completed by March 14, 2025.

More about Pareto Bank ASA

YTD Price Performance: 9.09%

Average Trading Volume: 374

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €488.6M

For a thorough assessment of 8PB stock, go to TipRanks’ Stock Analysis page.

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