Jæren Sparebank (OB:JAREN) announces a share repurchase program. Under the program, the company will repurchase up to 17,000 of its own equity certificates. The equity certificates must be used in connection with the bank's savings program for employees and will be resold to the bank's employees.

If the total number of sales orders received at the final purchase price exceeds 17,000 equity certificates (or a lower number of equity certificates the bank wishes to buy back), allocation will be made, to the greatest extent possible, on pro rata basis based on the volume offered by each seller equity certificate holder, with the aim of treating all equity certificate holders equally based on their indicated interest in the offer at the final purchase price. The offer is expected to end on December 12, 2023.