Storebrand ASA ( (GB:0NO0) ) has shared an update.
Storebrand ASA has announced transactions under its share buyback program, which began on February 12, 2025, and will conclude on June 27, 2025. The company has repurchased a total of 1,808,000 shares, now holding 15,674,905 own shares, representing 3.5% of its share capital. This strategic move is likely aimed at enhancing shareholder value and optimizing the capital structure, reflecting positively on Storebrand’s market positioning.
More about Storebrand ASA
Storebrand is a Nordic financial group headquartered in Lysaker, Norway, focusing on delivering increased security and financial wellness through sustainable solutions. The company serves approximately 55,000 corporate customers and 2.2 million individual customers, managing assets totaling NOK 1,469 billion. Storebrand is listed on the Oslo Stock Exchange.
YTD Price Performance: 8.84%
Average Trading Volume: 117,758
Technical Sentiment Signal: Sell
Current Market Cap: NOK59.02B
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