I work at the NAB.
They have introduced a share purchase plan which allows employees to pick up $1500 worth of nab shares through salary sacrfice.
This is going to be a regular thing, where every 1/4 the NAB may allow this to happen.
The share purchase plan will allow Nab employees to pick up shares at a 5% discount to the market value.
The shares will be held in a treasury account.
Roughly around 40 shares I guess is $1500 worth.
I dont know how this will effect the NAB share price, but it may increase the companies lending capacity shares in a treasurey. Will mean they can lend the stock out etc.
From all reports the NAB. I am participating. Long term savings plan really. Better than adding to super because you can touch it before 65.