Equity capital certificates

Stock price compared with OSEBX and OSEEX

1 October 2019 to 30 September 2021

Kurs-2021-Q3-ENG

OSEBX = Oslo Stock Exchange Benchmark Index (rebased)
OSEEX = Oslo Stock Exchange ECC Index (rebased)

Trading statistics

1 October 2020 to 30 September 2021

 Vol-2021-Q3-ENG

 Total number of ECs traded (1000)

 

 

The 20 largest ECC holders Antall  Andel 
Sparebankstiftelsen SMN 3,965,391 3.05 %
State Street Bank and Trust Comp 3,761,355 2.90 %
VPF Odin Norge 3,342,919 2.57 %
VPF Alfred Berg Gambak 3,298,178 2.54 %
VPF Pareto aksje Norge 2,842,491 2.19 %
VPF Nordea Norge 2,687,980 2.07 %
Danske Invest norske aksjer intitusjon II. 2,623,268 2.02 %
State Street Bank and Trust Comp 2,326,968 1.79 %
J. P. Morgan Chase Bank, N.A., London 2,144,112 1.65 %
VPF Eika egenkapitalbevis 2,056,707 1.58 %
Forsvarets personellservice 1,942,946 1.50 %
Pareto Invest AS 1,908,316 1.47 %
J. P. Morgan Bank Luxembourg S.A. 1,424,264 1.10 %
J. P. Morgan Bank Luxembourg S.A. 1,405,297 1.08 %
MP pensjon PK 1,352,771 1.04 %
VPF Nordea kapital 1,328,941 1.02 %
J. P. Morgan Bank Luxembourg S.A. 1,304,855 1.00 %
Spesialfondet Borea utbytte 1,299,771 1.00 %
VPF Nordea avkastning 1,249,111 0.96 %
VPF Alfred Berg Norge 1,205,659 0.93 %
The 20 largest ECC holders in total 43,471,300 33.48 %
Others 86,365,143 66.52 %
Total issued ECCs 129,836,443 100.00 %

 

Dividend policy

SpareBank 1 SMN aims to manage the Group’s resources in such a way as to provide equity certificate holders with a good, stable and competitive return in the form of dividend and a rising value of the bank’s equity certificate.

The net profit for the year will be distributed between the owner capital (the equity certificate holders) and the ownerless capital in accordance with their respective shares of the bank’s total equity capital.

SpareBank 1 SMN’s intention is that about one half of the owner capital’s share of the net profit for the year should be disbursed in dividends and, similarly, that about one half of the owner capital’s share of the net profit for the year should be disbursed as gifts or transferred to a foundation. This is on the assumption that capital adequacy is at a satisfactory level. When determining dividend payout, account will be taken of the profit trend expected in a normalised market situation, external framework conditions and the need for tier 1 capital.

© SpareBank 1 SMN